Company Profile
IBTX Risk Management Services
Company Overview
Our mission at IBTX is to develop and deliver innovative strategies and relationships that minimize risk and improve profitability.
We Will Know Your Business Better Than Anyone Other Than You...
... And we will use this knowledge to protect your assets and give you peace of mind. So you can spend your time doing what you do best - making your business work for you. Let IBTX Risk Services deal with your risk management and insurance problems. So you can do what you do best.
Company History
In March 2005 Cadenhead Shreffler Insurance (CSI) merged with Insurance and Bonds, Inc. (IBI). This strategic decision was made to combine the resources of two successful organizations in order to bring greater value to the clients of each agency. The result is IBTX Risk Services.
Cadenhead Shreffler Insurance History
Cadenhead Shreffler Insurance (CSI) was formed in the spring of 1985 when Bill Cadenhead and Jack Shreffler, owners of Cadenhead Insurance Agency and American Commerce Insurance, merged their individually owned agencies.
While the merger made CSI one of the largest agencies in the mid-cities, size was not the goal. The goal was not to be the biggest - but the best. By combining the strengths of each agency, the merger significantly enhanced capacity for customer service.
CSI continued to grow at a measured, calculated rate. We adopted a long term business philosophy that focuses on building a trusted advisor relationship with our clients. Pursuing this philosophy allows us to help our clients reduce their total cost of risk (TCOR).
Insurance & Bonds, Inc. History
IBI's roots go as far back as 1946. Through different strategic plans, IBI grew to be one of the largest independently owned agencies in the state of Texas. In 1997, owners Joe Clayburne and Pat Moore merged their insurance and bonding agencies together to create Insurance & Bonds, Inc. In 2002, IBI Benefits of Texas was developed.
Located in San Antonio, TX, IBI was a premium full-service provider for surety bonds, commercial lines, personal lines, and employee benefits. In early 2003, IBI began to understand that covering risk is more than purchasing an insurance policy. The company began to change its philosophy more to developing long-term relationships that help clients to minimize their risk, and bring more to an insurance program than a mere transaction.
Today, IBTX Risk Services has combined the philosophies of both CSI and IBI to deliver strategic tools to help clients not only minimize their risk, but become more profitable as well.
Notable Clients
Pavecon, Comfort-Air Engineering, Quality Fence Ltd., Conveyors, Inc.
Notable Accomplishments / Recognition
IBTX Risk Services uses a systematic process designed to uncover problems and develop solutions that are specific to each client. Each account is meticulously surveyed using an industry specific questionnaire designed to identify the exposures to risk that are unique to your particular business.
We spend time with you learning about the individual characteristics of your business, what makes you different within your industry group. And we don't stop there. We continue this process on a regularly scheduled basis throughout the policy year. You won't see us only at renewal time, like most agents. If you do, feel free to replace us with someone more responsive to your needs. We feel so strongly about this approach we are willing to provide a written commitment to you outlining our custom designed services even to the point of scheduling mid-year visits.
Benefits
IBTX provides regular full-time employees who have completed 90 days of employment with health insurance. Employees have the option of dependant coverage at their own expense.
IBTX provides matching funds of 4% when employee elects 5% contribution in our 401K plan. All regular full-time employees who have completed at least 1000 hours or six months of employment are eligible.
IBTX promotes positive well being of our employees. As an incentive to a heathy and active life, IBTX will reimburse all eligible full-time employees who have completed their 90 day probation period up to a maximum of $400.00 annually (per calendar year) to include the following: wellness classes, health club memberships, weight loss programs, health and fitness equipment. Proof of purchase required.
IBTX provides Paid Time Off (PTO) to allow employees flexibility in managing their time away from work. Eligible employees will receive six (6) days of PTO after six (6) months of employment and three (3) weeks after a full year of employment.