Ely Kaplansky Goes from Immigrant to Inc. 5000 Insurance Entrepreneur

Share on Facebook
Share on Twitter
Share on
LinkedIn
+

This week on JobMakers, host Denzil Mohammed talks with Ely Kaplansky, President & CEO of Kaplansky Insurance. Ely’s unconventional path to entrepreneurship included dropping out of high school and essentially taking the place of the insurance business where he got his start, when it was found that they were committing unethical practices. And since 1974, Ely has created hundreds of jobs in Massachusetts and beyond, with 85 employees in 15 offices across the state today. He has grown his business during the pandemic, with 37 acquisitions to date, such that Kaplansky Insurance was named to Inc. magazine’s “5000 Fastest-Growing Private Companies in America” list. Ely’s success is more than just the pride of having made it. His success fulfilled the dreams of his parents when they moved from Israel to America in 1955, with just the clothes on their backs and an aunt to take them in. Their journey began in the concentration camps of Germany, and Ely’s story is all about the opportunity and freedom America offers, as you’ll discover in this week’s JobMakers.

Guest:

Ely Kaplansky, CIC, CPIA, LIA, is President & CEO of Kaplansky Insurance, a leading independent insurance brokerage that he founded in 1974, which now serves more than 35,000 clients across eastern and central Massachusetts following nearly 40 agency acquisitions over the years. The company serves individuals, families and businesses for all lines of insurance, and has received multiple Five Star and Best Practices awards. Mr. Kaplansky has served as Chair of the Massachusetts Association of Insurance Agents. A high school dropout, he is now a Certified Insurance Councilor (CIC), Certified Professional Insurance Agent (CPIA), and Licensed Insurance Advisor (LIA). The son of Holocaust survivors, Kaplansky moved from Israel to Massachusetts with his family when he was a child and has made greater Boston his home.

Get new episodes of JobMakers in your inbox!

Related Posts

32.9 percent of the Massachusetts workforce and 26.2 percent of the U.S. workforce have filed unemployment claims over the past nine weeks.

/
Data released today by the U.S. Department of the shows that 33.0 percent of the Massachusetts workforce and 26.2 percent of the U.S. workforce have filed unemployment claims since the COVID-19 unemployment surge began nine weeks ago.

Hubwonk Ep. 6: COVID-19 and Commerce: Main Street’s Concerns with Governor Baker’s Course

/
In this episode of Hubwonk, Host Joe Selvaggi & Pioneer Research Analyst Rebecca Paxton to get reactions to Massachusetts Governor Charlie Baker’s phased reopening, from the leaders of two statewide business organizations, NFIB and Retailers Association of Massachusetts.

Holyoke Soldiers’ Home Study Targets Inadequate Nursing Home Staffing Standards

Standards enforced at the federal and state levels are insufficient to address chronic staffing issues reported by staff and residents’ families at the Holyoke Soldiers’ Home, making that facility particularly vulnerable to the COVID-19 pandemic, according to new Pioneer Institute research.

Where in Massachusetts is being hit hardest by unemployment due to COVID-19?

Pioneer’s new tool, called “COVID Unemployment Tracker,” provides an interactive look at how economic shutdowns in response to the COVID-19 pandemic are affecting jobs and lives across the state of Massachusetts.

The past seven weeks of Massachusetts unemployment claims total 25.8 percent of the civilian workforce.

/
The U.S. Department of Labor released its weekly report on jobless claims Thursday morning at 8:30 a.m., reporting that Massachusetts received 55,448 initial unemployment insurance (UI) claims during the week ended May 2. This brings the total of regular UI claims filed in Massachusetts since March 14, the beginning of the unemployment surge, to 781,110. 

COVID-19 will likely lead to a recession. Can Massachusetts municipal budgets handle one?

/
Using municipalities' experiences during the Great Recession, a new policy brief examines the likely impact of COVID-19 on local property taxes, as well as political implications for state aid. We list the municipal revenues by category among the least tax-reliant communities in Massachusetts, show the trajectory of tax revenue growth rate in Massachusetts state and local governments, and rank stabilization fund assets per capita among Massachusetts Gateway Cities.

The past six weeks of Massachusetts unemployment claims total 24.0 percent of civilian workforce

/
The U.S. Department of Labor released its weekly report on jobless claims this morning at 8:30 a.m., reporting that Massachusetts received 70,714 initial unemployment insurance (UI) claims during the week ended April 25. This brings the total of unemployment claims filed in Massachusetts since March 14, the beginning of the unemployment surge, to 725,018. 

Report Finds “Reopening Day” in the Commonwealth Will Likely Include Phasing in Businesses and Contact Tracing

New study compares the reopening of three European countries – Austria, Denmark, and Germany – to highlight approaches that could inform the Commonwealth’s reopening strategy.

New jobless claims data shows that Massachusetts unemployment has grown from 2.8% to at least 20.4% in five weeks

/
Based on today’s jobless claims report, Pioneer Institute projects that the current unemployment rate in Massachusetts is at least 20.4 percent, with a minimum of 762,299 currently unemployed individuals.