K&K Insurance Explained

K&K Insurance
Type:For-profit
Foundation:1952[1]
Founder:Nord Krauskopf, Theodora Murdock
Location:Fort Wayne, Indiana
Key People:Nord Krauskopf, Founder
Products:Insurance
Homepage:www.kandkinsurance.com

K&K Insurance is an Indiana-based insurance company noted for its coverage of motor sports. It was started in Fort Wayne, Indiana in 1952 by Nord Krauskopf and his wife Theodora (Teddi) Murdock to manage and market a benevolent fund for injured race car drivers.[2]

The company was sold to Aon plc in 1993[3] but continues under the K&K name.[1]

Dan Pullen assumed role of program director after K&K purchased the book of business of Pullen Insurance Services Inc.[4]

Early history

As enthusiasts of motor sports, the Krauskopfs understood the risks involved in that kind of work.[2] They designed and marketed products targeted at the motorsport industry, such as race teams, sponsors, and racetrack facilities.[2] They created a racing team to support the business. During the 1960s and 1970s, the Krauskopfs fielded a team for the NASCAR Winston Cup Series.[2] Bobby Isaac (and his crew chief Harry Hyde) led K&K Insurance to a championship win in 1970.[2] This victory brought 54% of Dodges' points needed for a championship victory in the Manufacturer's Championship; breaking a seven-year streak created by the Ford vehicles.[5] These vehicles were mainly Dodge Chargers and Dodge Daytonas.[6]

External links

Notes and References

  1. Web site: Founding date/location of K&K Insurance . Rough Notes . 2011-07-25.
  2. Web site: Company history - K&K Insurance . K&K Insurance . 2011-07-25.
  3. K&K celebrates 50 years of success . March 2002 . Tadevich . Debra . Rough Notes . January 18, 2018.
  4. Web site: K&K Insurance Buys Client Portfolio of Texas' Pullen Insurance Services. 2019-05-07. Insurance Journal. en-US. 2020-05-13.
  5. Web site: Additional info about 1970 Championship Win . Legends of NASCAR . 2011-07-26.
  6. Web site: Bobby Isaac and the K&K Insurance NASCAR Chargers . 3 February 2011 . Street Legal TV . 2011-07-25.