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Founders & CEOs

Nord and Teddi Krauskopf — insuring the racers

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Nord 26 January 1922 – 3 August 1986 · founded 1952

Nord Krauskopf was born and died in Fort Wayne, and spent the middle of his life around stock cars. He entered racing in 1948 and found the sport's drivers covered, when they were hurt, only by a benevolent fund fed from their own contributions. In 1952 he and his wife Teddi — her full first name was Theodora, spelled "Teddie" in one account, where the company's own pages use "Teddi" — founded the K&K Insurance Group in Fort Wayne to manage and market that fund properly, pitching specialised race-driver insurance as far as Lloyd's of London. The company calls the couple "the original K&K." The firm's growth from the racing world into the wider sports and leisure insurance business is the Business section's.

Sources:

  1. Businesses — "K&K Insurance Group, Inc." (the 1952 founding out of the drivers' benevolent fund, the Lloyd's pitch, Nord Krauskopf's dates and racing start).
  2. K&K Insurance Group, company history — the couple as "the original K&K."

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Source: Nord and Teddi Krauskopf — insuring the racers, Moosed History by Project Moosed, https://history.projectmoosed.com/usa/midwest/indiana/fort-wayne/founders-ceos/nord-and-teddi-krauskopf-insuring-the-racers/