AssuredPartners snaps up Massachusetts agency

It is its 20th acquisition of the year

AssuredPartners snaps up Massachusetts agency

Insurance News

By Ryan Smith

AssuredPartners has acquired Massachusetts-based WTPhelan & Co. Insurance Agency. The deal is AssuredPartners’ 20th acquisition so far this year. The WTPhelan team of 58 will remain under the operational leaderships of Robert J. Ramsey, vice president. The agency currently reports $18 million in annualized revenue.

“Since 1898, WTPhelan has operated under our core values of integrity, innovation and improvement,” said Richard Ramsey, president of WTPhelan. “As we move into this next chapter, we are looking forward to maintaining our disposition of hard work and dedication as a proud new partner of AssuredPartners.”

“Our goal at WTPhelan is to find clients the best coverage at a competitive price to meet their insurance needs,” said Robert Ramsey. “Joining AssuredPartners will allow us to continue to serve our clients in a collaborative environment with our new partner, AssuredPartners.”

“For over 100 years, WTPhelan has been an industry leader in delivering technical expertise and superior customer service,” said David Ramsey, vice president of WTPhelan. “We are committed to providing key resources to our staff to help them succeed. Joining AssuredPartners will allow us to continue providing our expertise along with the ability to grow our agency.”

“The team at WTPhelan conveys true customer service and dedication to their community,” said Tom Kozera, AssuredPartners regional president. “We are pleased to have new members of WTPhelan join our growing team in the Northeast marketplace.”

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