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| Company type | For-profit |
|---|---|
| Founded | 1952[1] |
| Founder | Nord Krauskopf, Theodora Murdock |
| Headquarters | Fort Wayne,Indiana[1] |
Key people | Nord Krauskopf,Founder |
| Products | Insurance |
| Website | [1] |
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K&K Insurance is anIndiana-based insurance company noted for its coverage ofmotor sports. It was started inFort Wayne, Indiana in 1952 byNord Krauskopf and his wife Theodora (Teddi) Murdock to manage and market a benevolent fund for injuredrace car drivers.[2]
The company was sold toAon 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]
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, andracetrack facilities.[2] They created a racing team to support the business. During the 1960s and 1970s, the Krauskopfs fielded a team for theNASCARWinston Cup Series.[2]Bobby Isaac (and his crew chiefHarry Hyde) led K&K Insurance to a championship win in1970.[2] This victory brought 54% ofDodges' points needed for a championship victory in the Manufacturer's Championship; breaking a seven-year streak created by theFord vehicles.[5] These vehicles were mainlyDodge Chargers andDodge Daytonas.[6]
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