Karl J. Kincel founded Kincel & Company in 1983. The company got its start as the result of a mutual decision to dissolve Margolies/Kincel, a partnership of twenty years between Albert Margolies and Karl Kincel. Karl teamed with his family members and some former associates to start an independent agency with its headquarters in Dunmore, PA. The new entity offered property and casualty insurance products and served mostly commercial clients from Karl’s established book of business.
Through the years the agency grew in volume through the referrals of satisfied customers and successful acquisitions. The former Margolies Agency was among the group of agencies assimilated. Through the years, the firm experimented with sales office locations in Kingston, PA, and Hawley, PA.
After Karl semi-retired in 2005 and subsequently passed away in mid-2007, the operation transitioned to a second generation. Effective June 1, 2018, the original shareholders signed an Asset Purchase Agreement with AssuredPartners, the twelfth largest agency system in the United States. The deal retained the entire staff, and the Dunmore office now reports to the AssuredPartners’ Wilkes-Barre location, AssuredPartners Northeastern Pennsylvania.