Starkweather & Shepley was founded in 1879 when James Starkweather, a manufacturer, and George Shepley, an insurance man came together to create an insurance agency that changed the way people in Rhode Island would think about insurance.
In the early 1990’s, the Workers Compensation environment in Rhode Island was terrible. Most manufacturers were forced into the assigned risk pool because no insurance carriers would voluntarily write the required coverage.
Starkweather was at the forefront of the Self Insured Group (SIG) creation, specifically for the various manufacturing groups. SIMA (Self Insured Manufacturers Association), JIRMA (Jewelry Industry Risk Management Association), BIRMA (Business & Industry Risk Management Association), and RINHG (Rhode Island Nursing Home Group) all were created and/or serviced by Starkweather.
In fact, RINHG is still a growing, thriving self-insured program for the best nursing homes in RI. At the same time, we have significantly invested in our Group Captive initiative to support manufacturers looking for cost effective risk transferring tools, when applicable and appropriate.
Today, Starkweather & Shepley is still re-defining the definition of excellent customer service and what insureds should expect from their insurance broker. As one of the 100 largest U.S. brokers, we still manage the insurance needs of local individuals and companies.
Our manufacturing facility has worked with Mike Prentiss for a number of years. Before we started doing business, our insurance package was not up to par and needed help. Mike jumped in and fine-tuned our coverage. His sense of urgency and knowledge of the insurance industry, particularly in the manufacturing area, are second to none. We could not be happier with the service, value and comfort knowing that we are in good hands.
Aviation Parts Manufacturer