Assurex Global Partner Celebrates 75 Years in Business

Michigan-based Assurex Global Partner firm Kapnick Insurance Group is celebrating its 75^th year in business. 

The anniversary is being celebrated with multiple private and public events throughout the year, including:

• A company-wide goal of 7,500 random acts of kindness completed by Kapnick team members
• A public 7.5 mile run and .75 mile family fun run to benefit various community charitable organizations
• A weekend trip to Mackinac Island for all current employees
• The unveiling of a newly refreshed logo

Founded in 1946, Kapnick is now one of the largest privately held insurance brokers in the nation. A Michigan-based firm with a global reach and resources that rival public brokers, Kapnick is committed to maintaining their independence for another 75 years and beyond.

To signal that commitment, Kapnick began formally expanding ownership for the first time in 2019. Key employees who made significant contributions to the firm’s success were invited to become partners in a private offering.

“Our industry is seeing mass consolidation by publicly-owned and private equity backed brokers,” said Jim Kapnick, CEO and Assurex Global board member. “Our independence is not only good for our clients — fewer disruptions ensures smoother operations and best-in-class service — but it’s also good for our employees, who have access to tremendous resources and various career paths.”

“Being able to attract and retain the best in the business is a huge part of our success and longevity in the past, and what will ensure our success in the future,” said Mike Kapnick, COO. “We’re proud of the accolades we’ve earned that illustrate our value to our employees.”

Among the numerous awards they’ve received over the past 75 years, Kapnick has been recognized as Crain’s Cool Places to Work and Business Insurance Magazine’s Top 100 Brokers.

For more information on Kapnick Insurance Group and their business insurance, employee benefits, and personal insurance advisory services please visit Kapnick.com.

Provided by Kapnick Insurance Group