Bollinger's History
Bollinger, Inc. was founded in Newark, NJ
in 1933 by Charles W. Bollinger and operated as an all lines general insurance
agency. He was joined by his
brother, James M. Bollinger in 1942, who assumed ownership of the firm upon his
brother’s death in 1951. In those
days, Bollinger developed a reputation as a specialty insurance agency, with a
focus on accident insurance for students and athletes.
The majority of schools in New
Jersey participated in this insurance program, and still
do to this day.
In 1963, Jim Bollinger’s son-in-law, John A. Windolf,
joined the firm after 4 years of service in the U.S. Marine Corps.
At that time, the firm had 7 employees and generated total commission
revenues of $200,000. Due to Jim
Bollinger’s poor health, Jack Windolf took over the day to day operations of the
firm, and continues to serve as chairman and CEO of Bollinger.
He and his wife, Muriel Bollinger Windolf, purchased full ownership of
Bollinger in 1969, and have widened the ownership over the years, to now include
over 50 key employees and outside investors.
Bollinger has experienced dramatic growth since 1963,
doubling its top line revenues every 5 years.
Today the firm generates more than $100 million in commission revenues
from a variety of revenue sources and employs more than 400 people.
It is the nation's 19th largest brokerage firm.
Bollinger’s headquarters are located in Short Hills,
NJ, with branch locations in New York City, Philadelphia, Greenwich, and additional New Jersey
locations in Moorestown, Vineland and Wall.
Most of Bollinger’s growth has resulted from
internally generated new business sales, but a good part of the growth has come
from 45 mergers and acquisitions of other insurance agencies.
These acquisitions have added new customers, specialty lines of
insurance, additional resources and, most importantly, many capable and
experienced employees.
Bollinger has always considered its employees to be its
number one asset, and in this regard, Bollinger was named as one of the Best
Places to Work in Insurance. Other
accolades include many consecutive years as a “Best Practices Agency”, a leader
in agency automation, and one of the Top 10 most productive agencies in the
country. Bollinger intends to
continue its improvement and its growth as it strives to become one of the
largest and most diversified insurance agency and broker operations in the United States.