International Insurance Brokers, Ltd. (IIB) traces its roots to 1979 when C. Gene Quarles, an insurance broker from Missouri, decided to establish an insurance agency in Tulsa, Oklahoma. After 18 years with a national brokerage firm Gene had become a successful insurance broker specializing in large, hard to place risks particularly in the transportation sector.
In 2003 Matthew F. Coughlin, III a transplanted New Yorker with 28 years in the insurance business decided that he would form a brokerage firm that would transform the insurance industry by merging disparate insurance disciplines, consolidating account management, offering multiple service options and implementing technological advances.
In 2004 the two men’s paths crossed. By this time The Quarles Agency had become a large regional firm with international accounts. Gene had suffered some ill health and had sold the firm to a bank which rebranded the agency as Team Insurance Group. Coughlin realized that the two firms would be a good fit and made an unsolicited offer to purchase the company from the bank. On December 31, 2004, IIB acquired Team Insurance Group, Inc. and a new national insurance broker was born. Gene remained with IIB until his death in 2010.
IIB remains privately held and, while headquartered in Tulsa, Oklahoma serves clients nationwide. We continue to offer Risk Management, Property, Casualty, Employee Benefits and Pension services. We take great pride in offering exemplary customer service, state of the art technology and strong relationships with each of our clients.