OUR MISSION

To empower our people, broker partners and carrier partners to achieve new levels of success.

We accomplish this by enhancing our comprehensive services and expertise and by continually investing in our people, technology and infrastructure.

our values

Be passionate, dynamic and determined.

Take ownership and be accountable in our work. Conduct ourselves with the utmost professionalism. And above all, serve with integrity and respect.


our Vision

To lead with purpose, clarity, and innovation.

Savoy is a strategic partner specializing in general agency and consulting services where our focus is helping brokers. With more than 39 years’ experience, Savoy’s innovative approach to business has been changing the way brokers and insurance consultants think about health insurance and employee benefits for their clients. Savoy’s relationships and longstanding history in the employee benefits industry continues to bring growth and new opportunities to our partners.

Today, Savoy is a proudly independent boutique agency that provides a full suite of health and specialty benefits, individual health and life insurance, Medicare, a multichannel Contact Center, compliance and human resources services, technology, research, education, marketing and other innovative solutions through its offices in New York, New Jersey, Pennsylvania, Delaware and Florida.

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DECEMBER
1984

Donald Savoy, Sr. opens Savoy Associates and begins operations as an individual and corporate life insurance, employee benefit plans, and actuarial consulting service agency, located in Florham Park, NJ.

1 employee

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MAY
1985

Don Savoy, Jr. joins Savoy Associates, after working as a special risk underwriter at American International Group in New York City.

2 employees

JANUARY
1991

We are awarded our first general agency contract.

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JUNE
1991

Donald Savoy, Sr. retires after a successful 45-year career in insurance; Don Savoy, Jr. becomes President.

We hire our third employee and begin to develop and build the beginnings of the premier wholesale agency distribution model that we operate under today.

3 employees

1994

As Small Employer Health Reform in New Jersey becomes effective, we continue to establish our general agency with contracts from premier carriers who embrace our distribution model. Our focus shifts to support our carrier and broker partnerships, exclusively as a wholesale general agency.

5 employees

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MARCH
2003

From 1994 to 2003, we experience tremendous growth and gain market share in Northern and Central New Jersey and New York. We open a satellite office in Hamilton, NJ to better serve the brokerage community in Central and Southern New Jersey and Southeastern Pennsylvania.

25 employees

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APRIL
2003

We establish our continuing education school, Savoy Associates Insurance Education Services, to help our brokers expand their product and industry knowledge and provide continuing education credits.

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NOVEMBER
2004

We move our Florham Park operations to 25B Hanover Road to accommodate our continued growth.

40 employees

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APRIL
2009

Our New York City office opens at Two Penn Plaza, serving brokers located in the Downstate New York, Southern Connecticut, Long Island, and Northern New Jersey.

MAY
2010

The Radnor, PA office opens to better serve the brokerage community in the five-county Philadelphia area.

We proudly celebrate our 25th Anniversary!

60 employees

APRIL
2011

We open an office in Wilmington, DE to better serve our expanding brokerage.

70 employees

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MAY
2011

The New York City office expands and moves to One Penn Plaza.

2013

We acquire JLI Associates, expanding our reach throughout Pennsylvania and Delaware.

Our Wilmington, DE office expands and moves to Newark, DE.

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JANUARY
2014

The Radnor, PA office moves to Center City Philadelphia, PA and we open our first office on Long Island in Melville, marking our continued expansion in the New York market.

90 employees

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JULY
2014

We continue to grow throughout Southern New Jersey with the opening of our new satellite office in Marlton, NJ.

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2015

We continue to expand throughout Southern New Jersey to further accommodate our growing team and footprint.

Savoy proudly celebrate its 30th anniversary!

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JANUARY
2016

Our Long Island office moves to Woodbury, NY to better accommodate continued growth in the New York market.

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FEBRUARY
2016

We acquire Health Insurance Associates (HIA), the largest independent health insurance general agency in Delaware, further expanding resources for the Consumer and Senior markets.

MAY
2016

We undergo a complete rebrand—launching our new logo, colors and identity as "Savoy."

2018

Savoy opens its Contact Center in Delaware.

160 employees

JANUARY
2019

Savoy acquires Morstan Plus to expand our general agency resources with premier carriers for individual life, disability and long-term care insurance.

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APRIL
2020

Savoy launches its new website, providing brokers streamlined tools and resources to help them better serve their clients.

MARCH
2022

To better align with our educational vision, Savoy Academy becomes the new name for our CE school.

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JULY
2022

Florida Blue selects Savoy as a newly designated general agency partner to better serve brokers in developing their business growth.

We open offices in Florida to better serve our expanding business.

Senior Leadership Team

Our team is made up of the most knowledgeable and dedicated experts in the employee services industry and is focused on finding ways to help advance your career and business.

Why should you partner with an independent boutique agency?

By working with Savoy, you gain access to a wide range of insurance products, resources and technology to support your employer and consumer clients.

In short, we help insurance brokers offer more expertise and options to their clients without additional work or in-house experience. Contact our team today to learn more about working with Savoy.

 


What’s new with Savoy? Check out our latest corporate news and happenings.
 

January 08, 2024
Savoy Announces New Corporate Headquarters

Savoy is pleased to announce the relocation of its corporate headquarters from Florham Park to a new dynamic workplace in Berkeley Heights, New Jersey to enhance operational efficiencies and drive growth.

August 14, 2023
Ruby Ulloa Appointed President of the Florida NABIP Miami Chapter

Savoy would like to congratulate Ruby Ulloa on her new role as President of the Miami Chapter of the Florida National Association of Benefits and Insurance Professionals (NABIP).

August 09, 2023
For the Fourth Year in a Row, Employees Vote Savoy Top Insurance Employer

Insurance Business America’s annual Top Insurance Employer program ranks leading U.S. insurance organizations based on a survey of employee satisfaction metrics, including benefits, compensation, culture, employee development, and commitment to diversity and inclusion.

July 11, 2023
Savoy Announces the Promotion of Ashlyn Sanders to Vice President, Consumer and Senior Markets

Ashlyn will focus on partnering with Savoy’s business development teams to deliver high-touch, high-quality services for consumer products and strengthen the level of service provided to broker partners and their clients.

April 03, 2023
Savoy Announces the Promotion of Denise Rugel to President

Leading with Purpose, Clarity and Innovation

February 15, 2023
Geneva Moody Promoted to Director, Sales Operations for New Jersey Market

Geneva Moody will lead the New Jersey Large and Small Group medical account teams to ensure Savoy provides best-in-class services and strategic support to brokers and their clients.

January 23, 2023
Ashlyn Sanders Recognized as GPAHU Emerging Leader

Ashlyn Sanders has been named as one of this year’s GPAHU Emerging Leaders for her leadership in the health care industry for more than 15 years, with a strong focus on Medicare and Medicaid membership growth and operations. Sanders recently celebrated her 5-year anniversary at Savoy.

October 20, 2022
Chris Vanderwolk Joins Savoy as Senior Vice President, Employer Services and Compliance

Chris will lead Savoy’s Employer Services and Compliance Team and serve as an integral resource for Savoy's broker partners and their clients.

August 10, 2022
For the Third Year in a Row, Employees Vote Savoy Top Insurance Workplace

Savoy, a strategic partner specializing in innovative consulting services, is pleased to announce that Savoy was voted a Top Insurance Workplace by its employees after participating in Insurance Business America’s employee survey program for the third year in a row.

July 11, 2022
Florida Blue Selects Savoy as a General Agency Partner

Florida Blue has selected Savoy as a newly designated general agency partner to better serve brokers in developing their business growth.

March 08, 2022
Introducing Savoy Academy

To better align with our educational vision, Savoy is pleased to announce that effective immediately Savoy Academy will be the new name for our CE school.

January 01, 2022
Savoy Employees Walked, Ran and Biked Over 20,900 miles for 12 Charities in 2021

This past year, Savoy employees walked, ran and biked over 20,900 miles and raised over $6,000 for 12 charities! 

October 01, 2021
Geneva Moody Appointed to NAHU’s DEI Committee

Savoy would like to congratulate Geneva Moody on her appointment to the National Association of Health Underwriters’ Diversity, Equity and Inclusion (DEI) Committee.

August 19, 2021
Employees Vote Savoy Top Insurance Workplace

Savoy is pleased to announce that it was voted by its employees as a 2021 Top Insurance Workplace after participating in the Insurance Business America’s employee survey program.

August 17, 2020
Savoy Named 2020 Top Insurance Workplace

Savoy is pleased to announce that it was voted by its employees as a 2020 Top Insurance Workplace after participating in the Insurance Business America’s employee survey program.

April 20, 2020
Savoy Announces the Launch of Its Brand-New Website to Support Brokers

Savoy, a strategic partner specializing in consulting services, is thrilled to announce the launch of its brand-new website. The new website—savoyassociates.com—features improved functionality, a modern design and easy access to information for brokers.

August 15, 2019
Savoy Hosts Annual Broker Seminars to Support Anticipated High Volume of Sales for 2020 Medicare Plans

Savoy, a leading benefits general agency, announces that its Senior Market Team will host three kickoff seminars for health insurance brokers before the Medicare Annual Election Period (AEP), which runs from October 15 to December 7, 2019.

August 16, 2018
Savoy Hosts Broker Kickoff Events For Medicare Advantage Annual Election Period (AEP)

Savoy, a leading benefits general agency, announces that its Senior Market Team will host three Medicare Advantage Annual Election Period (AEP) kickoff sessions for health insurance brokers.

May 04, 2017
Savoy Forms New Employer Services and Compliance Department Led by Colleen Patterson

Savoy, a leading benefits consulting firm and general agency, announces the formation of its new Employer Services and Compliance Department comprised of experienced professionals assigned to each of its markets.

February 23, 2017
Savoy Promotes Colin Scheifler to Director, Consumer and Senior Markets

Savoy, a leading benefits consulting firm and regional general agency, announces that Colin Scheifler has been promoted to Director, Consumer and Senior Markets.

October 05, 2016
Savoy Appoints Peter Gualtieri to Lead Mergers and Acquisitions Division

Savoy, a leading benefits consulting firm and regional general agency, announces that Vice President Peter Gualtieri will head its Mergers and Acquisitions Division

February 26, 2016
Savoy Acquires Health Insurance Associates

Regional General Agency (GA) Acquires Largest Independent Health Insurance GA in Delaware

July 20, 2015
Savoy Celebrates Its 30th Anniversary

Regional General Agency for Medical, Dental, Life, and Disability Insurance Celebrates 30 Years of Business and Continued Growth

June 15, 2015
Savoy Raises Top Dollars for Relay For Life of Greater Morristown on June 6th

Regional insurance general agency, Savoy Associates, puts the power of their people to work for Relay For Life