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This profile was last updated on 10/6/15  and contains information from public web pages and contributions from the ZoomInfo community.

Mr. Jeff Chesky

Wrong Jeff Chesky?

President and Chief Executive Off...

Phone: (860) ***-****  
Email: j***@***.com
One Hartfield Boulevard Suite 301
East Windsor , Connecticut 06088
United States

Company Description: Insuritas, the nation's leading provider of outsourced insurance agencies, today announced that they have been chosen to provide La Porte, Texas-based Beacon...   more

Employment History

79 Total References
Web References
"The fundamental requirement for the ..., 6 Oct 2015 [cached]
"The fundamental requirement for the digital distribution of insurance requires the industry to be able to allow consumers to shop, compare and buy online," said Jeff Chesky, president and CEO of Insuritas.
Chesky believes CoverHound can't offer a "straight-through" quoting-to-buying process because carriers are risk adverse about customers who use an online comparative rater to find the cheapest insurance "and the issues around commercial insurance are even more challenging.
Insuritas | Leadership, 20 Feb 2015 [cached]
Jeff Chesky
Jeffrey Chesky President & CEO
Mr. Chesky was the Founder & President of Banc Insurance Services, Inc., where he pioneered the design, installation, and outsourced management of insurance agencies for financial institutions nationally. BIS was purchased by Jack Henry & Associates, the nation's leading bank core processing company in 2004. (JKHY - NASDAQ). In 2008, Mr. Chesky led a group of private investors in a buyout of BIS from Jack Henry, and renamed the company Insuritas.
Mr. Chesky also pioneered the development of the nation's leading management consulting practice for insurance agency integration strategies for bank acquired insurance agencies post acquisition, called the Agency Integration Management Group.
Mr. Chesky has over 20 years experience in the banking and insurance fields. Over that time, he has served as a Senior Vice President of one of the nation's 100 largest insurance agencies, Director of Institutional Investment Management at Mass Mutual Insurance Company, and Vice President of mortgage lending at both Fleet Bank and Bank of New England. Mr. Chesky also had the distinguished honor to serve on the White House staffs of President Jimmy Carter and Vice President Walter Mondale and on the personal staff of Governor Michael Dukakis.
2013 Entrepreneurial Insurance Symposium, 3 Jan 2015 [cached]
Jeffrey Chesky
President & CEO
Jeffrey Chesky is the President & CEO of Insuritas, the nation's leading insurance agency outsourcing solution for banks and credit unions nationally. Mr. Chesky was the Founder & President of Banc Insurance Services, Inc., where he pioneered the design, installation, and outsourced management of insurance agencies for financial institutions nationally. BIS was purchased by Jack Henry & Associates, the nation's leading bank core processing company in 2004. (JKHY - NASDAQ). Mr. Chesky and two private equity firms repurchased the company from Jack Henry in June of 2008, and renamed it Insuritas.
Jeff Chesky, President and ..., 15 April 2015 [cached]
Jeff Chesky, President and CEO of Insuritas, noted: "Vermont Federal Credit Union's leadership recognized that their members buy insurance every year, and that providing insurance products to their members is a natural extension of their core business and leverages the powerful brand equity and trusted relationship they've created in the market."
The problem hasn't been getting customers ..., 9 Mar 2015 [cached]
The problem hasn't been getting customers to obtain an insurance quote from Overstock's online system but getting them to go through the entire purchasing process, says Jeff Chesky, CEO of Insuritas, the agency arm behind's home, auto, renters and small business insurance offerings.
In fact, Chesky says if anything Overstock's new insurance venture has proven how a retailer can attract customers that are a good risk "at a fraction of what the industry normally pays to get a customers attention."
"From a lead opportunity and shopping opportunity [the partnership] has been phenomenal," he says.
Chesky says Google doesn't solve this problem because it will still be sending customers to another site to buy the coverage.
"The C-suite of the carriers needs to stand up and recognize that they have to support this last yard in migration from product-centric to customer-centric distribution," he says.
The insurance industry has yet to figure out how to allow customers to compare and buy in one place, says Chesky of Insuritas.
"Carriers have yet to set the last yard of the process and this last yard is entirely in their control," he says.
The Insuritas system is able handle the entire transaction process for three of the carriers it works with, but Chesky says the rest of the 30-plus companies are not ready to get onboard.
"There's a fear in the C-suite of P/C carriers about going into a true shop-compare-and-buy experience that they don't control. I think a lot of that goes back to and when they wrote lots of risks that they didn't want to write," says Chesky.
But Chesky says today's online model is much different because insurance agencies are more portable and can easily be set up inside of stores like Walmart or Overstock. Carriers can decide where they want their products to be sold.
"It is much more controlled and a predictable kind of shopper that is going to see your products in these stores," he says. "If you are a carrier that is attracted to writing attractive standard or preferred risks with low loss ratios and consistency, you want to have your products on Overstock's shelves because that is a good buyer."
Chesky says his firm plans to add two more carriers to its list of companies that customers can access through Overstock's site in the first half of 2015, but Insuritas has more work to do in improving Overstock's insurance sales.
Chesky agrees and says Google is going to show the industry that insurance products no longer need to be sold in the traditional "brick and mortar agency" and that will prompt carriers to think about whether Google is the best store aisle to put their insurance products in. "All this talk about Google misses the point because it doesn't have anything to do with search and analytics.
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