On Wednesday, April 5, 2016, The Honorable Francis X. Kelly Jr., KELLY’s co-founder and chairman, along with Frank Kelly III, CEO of Kelly & Associates Insurance Group and KELLY Payroll, Frank Kelly IV (UNC Kenan-Flagler ‘14, MAC ’15) and Stephen Kelly (UNC Kenan-Flagler ’17) presented on the KELLY business and family business governance and planning for UNC’s Kenan-Flagler Business School Family Enterprise Center class. It was a special opportunity for three generations of the Kelly family to share insights and expertise regarding a family business, the business of family, and the strength of a multi-generational business.
Since 1976, KELLY has been a family business that has pursued excellence, integrity, and generosity - core values that are shared with UNC Kenan-Flagler’s School of Business. In addition to these values, KELLY adds respect and humility which enhance relationships and activate collaboration and innovation.
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In 1976, former Maryland State Senator Francis X. (Frank) Kelly and his wife, Janet, founded a small insurance company in the basement of their Timonium, Maryland home. Today, Kelly & Associates Insurance Group (KELLY) is the region’s leading health insurance broker/administrator, which consists of multiple companies that provide integrated total benefits, payroll and workforce management solutions for employers of every size.
Senator Kelly is now the Chairman of Kelly & Associates Insurance Group and Frank Kelly III, the eldest son of Janet and Frank, serves as CEO of the KELLY companies. Frank and Janet Kelly’s other sons, John, David, and Bryan, are key leaders in the business serving in chief roles as well as presidents of KELLY’s entities and divisions.
The expanding enterprise, serves over 10,000 corporate clients
and employs more than 450 people serving companies that range in size from sole proprietors to corporations with more than 20,000 employees. Based in Baltimore County since its inception, the organization moved its headquarters to Sparks, Maryland in 2015 and has regional offices in Rockville, Maryland and Wilmington, Delaware.
Kelly & Associates Insurance Group has won recognition as Maryland’s largest Employee Benefits Administrator by The Baltimore Business Journal for fifteen consecutive years, and was awarded the Family Business Award of Excellence through the Ernst & Young Entrepreneur of The Year® program in 2013.
About the UNC Kenan-Flagler Business School
UNC Kenan-Flagler Business School serves North Carolina, the U.S., and the world through teaching, research and service. Founded in 1919, the School is built on a foundation of excellence at UNC, the first public university in the U.S.