Sue Peachey with Peachey Insurance recognized with 31st Boyd Davies Executive-in-Residence Award

04 April 2019

Sue Peachey with Peachey Insurance will be recognized by Pratt Community College on Apr. 10 as the 31st Boyd Davies Executive-in-Residence.

The Boyd Davies Executive-in-Residence Award was implemented in 1988 by the Accounting and Business Department to give the students at PCC the opportunity to interact with a business person or persons from the area and learn about his/her experiences. Davies was the original recipient of the award. Nominees come from a large background of fields, exhibit a long and successful career in business, and are willing to share that knowledge with our college community.

The awardee is honored at a coffee reception for family and guests followed by a presentation in Carpenter Auditorium. An invitation only luncheon sponsored by Jonathan Davies concludes the ceremony. He believes Peachey is a great choice with an insurance agency that serves a large regional area, as a sizeable staff, and bilingual service.

“The Accounting and Business Department at Pratt Community College is honored to offer this event annually to help students connect with the community,” said Carol Ricke, business instructor. “Sue Peachey is a great recipient of the award, and she represents what our Executive-in-Residence is all about.”

Peachey grew up on a farm in Kentucky before moving to Kansas. She had worked at the Federal Land Bank for ten years before starting her own business in May 1996. Peachey Insurance started from scratch with zero plans before being built up to what it is today. The independent insurance agency currently services the Pratt area and throughout the state of Kansas. It is also licensed to serve in Colorado, Missouri, Oklahoma, and Nebraska. They offer all types of personal insurance coverages, including car, home, life, health and motorcycle insurances, as well as business insurance. Peachey also specializes in farm and ranch insurance in part due to her farming background.

She admits there were frustrating challenges when the business first started.

“The biggest challenges at the very beginning were getting contracts,” said Peachey. “Companies want a certain amount of volume. When you are small and you don’t start by buying an existing agency, getting contracts is difficult. It takes a while to build enough volume to qualify for their marks. We had to work under different small agencies until we had enough volume on the books to get our own contracts.”

Though the challenges were tough, the rewards were plentiful. Peachey now has a loyal customer base, which she admits, makes a job that is not very attractive or exciting, a fulfilling one to have. She recalls being a shoulder to cry on in many situations, such as after the Greensburg tornado in 2007.

“There was nothing more fulfilling than being able to deliver a check and knowing that our customers had a place to sleep that night. They were going to be able to rebuild everything and replace what they lost in their home – their entire life,” said Peachey. “We’re not just selling insurance to make a dime. We are trying to protect the most important things in people’s lives.”

The company’s philosophy is to treat everybody with kindness, which is why Peachey believes it has garnered its loyal customer base and has become so successful. Building relationships and having great customer service is a way of life for Peachey and her employees, as they do not just sell insurance for the price, they try to search for the best deal for each individual client.

“We care about people,” said Peachey. “Everything that goes through our office is about doing the right thing and about putting the customer’s needs first. I knew if I did the right thing for the customer, God would take care of me and he definitely has.”

Her advice to future business owners is to pick something they love and have a passion for, but to also work hard, show compassion, and do the right thing.

“With hard work and a good attitude anybody can do well in the business world,” she said.

Peachey Insurance, located at 115 S. Main St. in Pratt, KS, currently employs four people in Pratt, as well as two others in Kinsley. They are dedicated to providing their customers with the best coverage at competitive rates and strive to educate the community on the best options for their insurance needs.

Peachey will be honored at Pratt Community College Apr. 10 with a coffee reception for family and guests followed by a presentation at 11 a.m. in Carpenter Auditorium.