Benefits Broker DeForest Spencer Launches New Firm

Wednesday, December 13, 2017
DeForest “DeFo” Spencer
DeForest “DeFo” Spencer

Long-time insurance producer DeForest “DeFo” Spencer has launched Spencer Benefits, a full-service employee and executive benefits brokerage firm. 

The firm specializes in employee and executive benefits, large-scale life insurance policies, succession planning advisory and individual insurance solutions that protect and preserve wealth. Affiliated with NFP and Partners Financial, clients have access to national resources through a local, independent and consultative team. The firm also offers added flexibility in partnering with customers’ other advisors. 

“We’re here to provide critical guidance and support for businesses navigating the employee and executive benefits world,” said Mr. Spencer, president of Spencer Benefits. “A comprehensive benefits plan, including key personnel and life insurance, can help companies attract and retain key talent, engage their workforce, motivate and reward senior leaders, and - most importantly - protect employees and their families.” 

Mr. Spencer is a third-generation insurance broker with over 30 years of experience. He was most recently with Brock Insurance Agency, where he designed and built their employee benefits agency – Brock & Spencer Benefits. He began his career with Provident Life and Accident Insurance Company as an advanced underwriter and marketing representative. He holds the CLU and LUTCF certifications. 

Julie Higgins also joins Spencer Benefits as an executive account manager. She has over 20 years of experience in sales, enrollment, and account management with various insurance companies, including New England Financial and Unum.  

The firm operates out of a downtown Chattanooga office at 407 E. 4th St., along with Berz Financial Partners.  

More information about Spencer Benefits can be found at or 498-3040. Mr. Spencer may be reached at

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