About Us
CBM Insurance is a local, independent agency with over 30 years of experience serving the tri-state area. We offer personalized insurance solutions tailored to our clients' needs and have partnered with over 15 national and regional carriers to provide a wide range of coverage options.
With expertise across various industries—from restaurants and wholesalers to contractors and property managers/owners—we prioritize building strong, personal relationships with our clients. Our team of sales executives, account managers, and service professionals takes a hands-on approach to address coverage inquiries, offer recommendations, and assist with claims. We are committed to frequent follow-ups to ensure our clients are treated fairly and that they experience the full value of choosing CBM Insurance as their trusted broker.
As part of our growth mindset, CBM has expanded its reach through strategic acquisitions. In 2020, we acquired Insurance and Financial Services (IFS), integrating their team and carrier partners. In 2022, we acquired the majority of shares in Business Insurance Services, Inc. (BISI Agency, Wilmington, DE). In 2023, CBM joined Alera Group, a national insurance and financial services firm, expanding our offerings to include employee benefits, property and casualty insurance, retirement planning, and wealth management solutions.
We are excited about our growth and the talented professionals we've added to our team. Thank you for choosing CBM Insurance—we look forward to earning your business!
Meet Our Team
Get to know the CBM Insurance team below and access their contact information.
For Insurance Certificates: certs@cbmins.com
For Carrier Partner billing and claims information visit: https://2000.aleragroup.com/cbm-carriers/
Bill Jeppe
Personal Lines Manager
A graduate of the University of Delaware, Bill has been working in the insurance industry since 2004 and specializes in commercial and personal lines insurance. He is a lifelong Delaware resident and now resides in Wilmington with his wife and two children.
Phone: 302-322-2261 x2236
John Davis, CIC
Vice President
Insurance Designation: CIC (Certified Insurance Counselor).
John was educated here in Delaware at Tower Hill School and the University of Delaware and began his insurance career in 1981 with Allen Conner & Prouse. He became a part owner of Agents, Brokers & Consultants (ABC) in 1986, serving as agency operations manager. In 1994, ABC and Insurance & Financial Services, Ltd. (IFS) merged with John continuing to be responsible for agency operations as well as commercial account management. John has been very active with numerous local, regional, and national Agency - Company councils over the years, including serving as the National Chair of CNA Insurance Company’s Agent council in 2001.
Phone: 302-322-2261 x 2133
Rick LaPenta
Account Executive
Rick has spent 25+ years working in the insurance industry. Before joining the CBM/IFS team, he was a partner in Insurance & Financial Services of DE. Outside of his professional life he has spent many years volunteering in the non-profit community serving on numerous boards, in addition to serving as a member of New Castle County Council from 1984-1988. He is currently a member of the Board of Governors to the Delaware State Chamber and a Board member with the New Castle County Chamber of Commerce.
Phone: 302-322-2261 x 2140
John Pisauro
Account Executive
A 1997 graduate of the University of Delaware, John began his professional career in the restaurant industry. After several years, an opportunity arose to transition into insurance, and he hasn’t looked back. John was licensed in 2006 and specializes in Commercial Insurance. A native of New Jersey, John has lived in Delaware since 1995. He is married with three children and coaches/volunteers for their sports teams whenever possible. John spent four years managing our commercial lines division and has recently transitioned into a sales management role.
Phone: 302-322-2261 x2235
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Our Business Insurance Carriers
For billing and claims information, visit our Carrier Partner page.
Captive Insurance
Group captives are ideal for companies with over $150,000 in annual premiums across workers’ compensation, general liability, and auto insurance. By creating a captive, businesses can assess the risks of subsidiaries, write policies, set premiums, and potentially earn back up to 60% of premiums in profits or invest for future claims. Some captives also insure the risks of their group’s customers. Benefits include:
- Protection similar to a traditional, guaranteed cost plan.
- Premiums based on the insured’s actual losses over the last five years (no artificial rates).
- No “unknown” risks.
Construction Insurance
CBM Insurance specializes in assessing and advising on a wide range of construction risks, including:
- Property damage
- Income loss
- Employee injuries
- Liability risks
Construction insurance provides financial compensation for losses during building projects, protecting against errors and unforeseen events that lead to damages during construction.
Dental Practice Insurance
CBM Dentist Insurance Services (DIS) offers comprehensive coverage tailored to the unique needs of dental practices. We provide:
- Dental office packages
- Professional liability
- Employment practices liability
- Workers’ compensation
- Cyber defense
Additionally, we offer personal insurance for dentists and their families, including life, homeowners, and disability insurance.
Hospitality Insurance
CBM Insurance works closely with local restaurants, country clubs, and hotels to protect them against various business risks. Common coverage options include:
- Business general liability
- Workers’ compensation
- Employment practices liability
- Food spoilage/contamination
- Business income/time element loss
- Employee dishonesty
Personal Lines Insurance
CBM Insurance offers personalized coverage for individuals and families across the tri-state area. We partner with local and regional carriers to provide insurance for:
- Personal auto
- Homeowners and vacation properties
- Personal umbrella policies
- Scheduled jewelry and valuable items
We’ll also review your existing policies and recommend coverage adjustments based on our expertise.
Professional Service Insurance
CBM has extensive experience working with professionals such as law firms, accountants, consultants, engineers, and architects. Common risks include:
- Errors and omissions (professional liability)
- Directors and officers liability
- Cyber liability
We help protect professionals from claims related to inadequate work, negligent actions, or errors in their advice or services.
Real Estate Insurance
We offer a wide range of coverage options for the real estate industry, including:
- Lessors risk
- Property management firms
- Commercial and residential condominiums/apartments
- General liability, umbrella, and excess liability
- Property, ordinance, and law coverage
- Water/sewer backup
- Directors and officers liability
- Employee dishonesty and crime protection
Social Services Insurance
CBM Insurance understands the unique risks faced by non-profits, schools, and churches. We offer coverage for:
- Business income/extra expenses
- Professional liability
- Abuse/molestation
- Umbrella/excess liability
- Directors and officers liability
- Employment-related practices
- Workplace violence
EXPERT EDUCATION
Events and Webinars
Employee Benefits
HIPAA Privacy and Security Overview
Join our compliance experts for an overview of HIPAA’s Privacy and Security Rules. During this webinar, we'll review the different types of entities subject to HIPAA, take an in-depth look at protected health information (PHI), individual rights under HIPAA and what to do when there is a breach of PHI.
April 11, 2025 at 01:00 pm CT | Virtual
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Employee Benefits
Balancing Cost and Care: Could a Captive solution be the right fit for you?
In this session, our experts will discuss how Captive solutions work and what you need to consider for your own group’s needs.
April 17, 2025 at 01:00 pm CT | Virtual
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Wealth Services
State of the Markets
Join us as we unveil the factors that drive the nation's financial pulse and how they may impact your personal finances.
April 23, 2025 at 12:00 pm CT | Virtual
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THOUGHT LEADERSHIP
Insights
Property and Casualty
5 Steps to a Lower Workers’ Compensation Mod
Understanding how your Workers' Compensation Insurance premium is calculated can help you manage costs more effectively. One of the primary factors in determining your premium is your experience modification factor — the number that reflects your company’s claims history and directly determines what you pay.
March 13, 2025
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Property and Casualty
It’s Here! — Alera Group’s Fifth Annual 'Property and Casualty Market Outlook'
Alera Group's "2025 Property and Casualty Market Outlook" is your guide to making informed decisions regarding your business and personal insurance coverage.
December 12, 2024
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Webinar Preview: ‘When Captive Insurance Makes Sense’
As healthcare costs — including those for pharmacy — have continued to skyrocket, the urgency to control healthcare and pharmacy spend has elevated as well, and Captives have surged in popularity. Alera Group's webinar on Captive Insurance will help you determine whether forming or joining a Captive is right for you.
November 7, 2024
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Property and Casualty
5 P&C Insurance Tips for Public Sector Entities
Public sector entities — including counties, cities, town villages, local law enforcement and special service districts — offer vital services to our communities. They also face growing challenges, some from the constituencies they serve, as they navigate heightened public scrutiny, shrinking budgets and inflation. In this challenging environment, having a comprehensive property and casualty (P&C) insurance program, supported by a strong risk management strategy, is more crucial than ever.
October 8, 2024
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