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 consultative services where our focus is on you. With over 35 years’ experience, Savoy’s innovative approach to business has been changing the way employers think about health insurance for their employees. Savoy’s relationships continue to bring growth to our partners.

Today, Savoy is a proudly independent boutique agency who provides a full suite of health and specialty benefits, compliance, HR services, technology solutions, research, education and other employer-related solutions through its offices in New York, New Jersey, Pennsylvania and Delaware.

 
dec 1984 image
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

dec 1984 icon
may 1985 image
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.

3 employees

jan 1991 icon
june 1991 image
JUNE
1991

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

3 employees

AUGUST
1991

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

march 2003 image
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.

nov 2004 image
NOVEMBER
2004

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

40 employees

nov 2004 icon
april 2009 image
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

may- 010 image
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.

jan 2014 image
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

july 2014 image
JULY
2014

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

october 2015 image
OCTOBER
2015

We move our Marlton, NJ office to a new space to further accommodate our growing team and footprint throughout Southern New Jersey.

2015 image
2015

We proudly celebrate our 30th anniversary!

jan 2016 image
JANUARY
2016

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

feb 2016 image
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.

sept 2019 image
APRIL
2020

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


All of the latest news about Savoy.
 

September 12, 2019
David Pikus Joins Savoy as Regional Sales Director, New Jersey

Savoy, a leading benefits consulting firm and general agency, announces that David Pikus has joined the company in the role of Regional Sales Director for New Jersey.

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.

February 07, 2019
Scott C. Overholt Joins Savoy as Vice President, Consumer and Senior Markets

Savoy, a leading benefits consulting firm and general agency, announces that Scott C. Overholt has joined the company in the role of Vice President, Consumer and Senior Markets.

October 15, 2018
Savoy Expands Sales Executive Leadership Team

Savoy, a leading benefits consulting firm and general agency, announces appointments within its sales executive leadership team.

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.

April 25, 2017
Jerry Gallo Joins Savoy as Director, Business Development, New York City

Savoy, a leading benefits consulting firm and general agency, announces that Jerry Gallo has joined the company in the role of Director, Business Development, New York City.

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 26, 2016
John A. Selby Joins Savoy as Vice President, Consumer and Senior Markets

Savoy, a leading benefits consulting firm and regional general agency, announces that John A. Selby has joined the company in the role of Vice President, 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