Fred L. Davis Insurance Agency

Certified Minority Vendor FINRA Registered Series 7
2009 Tennesse Insuror of the Year

Call us now / 901-452-2144

Biography

 Fred L. Davis Insurance Agency holds a unique position in Memphis, based on its service and loyalty to its customers and the same role played by its founders in the history of Memphis.  Fred Davis opened his agency in 1967 and has operated at 1374 Airways Boulevard since 1968. Those were turbulent and challenging times in the United States and especially so in Memphis  Fred, a 1957 graduate of Tennessee State University, was the first African American policy writing agent in six contiguous states and the first African American member of the Independent Insurance Agents of America.  A staunch civil rights activist and defender of Democracy for all, Fred ran for and was elected to the first Memphis City Council, from a majority white district, when it was formed in 1968. In 1972 he became the first African American to chair the council. He was chairman of the Public Works Committee during the sanitation workers strike of 1968 and was on the platform with Dr. Martin Luther King Jr. when he made his final speech in Memphis that year. He walked beside Dr. King along the last march he made in support of the striking workers shortly before his tragic death on April 4, 1968. His council service was judged by black and white Memphians as steadfast and fair to all residents and history has affirmed that.  Fred is a past president of the Liberty Bowl, one of the very few African Americans to head a major bowl in the United States.  The Fred L. Davis Insurance Agency has represented the Hartford Group as a lead company since appointed in 1968. Mr. Davis has qualified himself to serve his clients in a very comprehensive way. Besides being licensed in property and causality coverages, he holds a Life Underwriting Training Council (LUTC) Certificate. He is also securities registered series seven with the National Association of Security Dealers (NASD).  The Dedicated staff works like a family and serves all customers and concentrates on the area of complete coverage for small businesses, helping provide life and health insurance and assisting in the development and maintenance of pension plans.  The agency installed the first deferred compensation plan (Section 457) in Shelby County in 1981 for the Memphis Light, Gas and Water Division and they still service that successful account. They also provide Section 403-B (tax sheltered annuities), Section 401-K (corporate tax shelters) and Section 401-A (governmental supplement pension programs).  In a joint venture with Marsh Inc., the Agency is insurance managers for the $75-million owner controlled insurance project (OICP) for Memphis Convention Center project. The Agency also handles the property, casualty, life, health, and pension programs for the Tri-State Bank of Memphis.  Fred continues a seven-day-a-week involvement in his business and his community. He is a Certified Minority Vendor and a founding director and past president of the Mid-South Minority Business Council, the certifying agency of business and government for minority and woman's businesses.  Among the many recognition's of his service and accomplishments in his hometown, Fred has received the Humanitarian Award of the National Conference of Christians and Jews and the Kiwanian of the Year Award given by the Downtown Kiwanis Club. He remains active in the Economics Club of Memphis and the Society of Entrepreneur's.  After four successful decades in business and community affairs, Fred and his associates entered the new millennium with greater knowledge, product and enthusiasm than ever before.  Memphis and Memphians are far better off at this time as a result of Fred Davis' stalwart defense of truth and fairness. The insurance business benefits from the presence of his agency. Fred wouldn't have it any other way.  (Charles F. Holmes is retied Director of University Community Relations at the University of Memphis.)