This will be the third agency acquisition for the WTPhelan since December 2011
WTPhelan, the fourth generation family-owned and operated insurance agency based in Cambridge, has acquired its neighbor, the J. Henry Quinn Insurance Agency located in Porter Square. The J. Henry Quinn Insurance Agency was founded in 1930 and until recently was owned and operated by James H. Quinn.
Interestingly, this marks the second time that WTPhelan has purchased the J. Henry Quinn Insurance Agency. While the Quinn and WTPhelan agencies have been neighbors in Porter Square since 2001, WTPhelan actually purchased the agency from the current owner’s father only to resell it back to the son when he decided to enter the business. Upon James H. Quinn’s decision to retire, WTPhelan agreed to repurchase the agency and to bring it back into the WTPhelan family of agencies once again.
“We have known Jimmy Quinn for years. In fact, our long-time treasurer Sandra Lagrega first met him in the 1960’s,” said Robert Ramsey, the Agency’s Vice President. “We wish Jimmy all the best in his retirement, and welcome our newest customers to our Porter Square location.”
All personal insurance customers of the Quinn agency will be handled just a few steps away at WTPhelan’s Porter Square locations with commercial accounts being moved to the agency’s Arlington branch. With the acquisition of the Quinn agency, WT Phelan has acquired its second agency since June 2012 and its third since December 2011.
Overall, this is the eleventh agency acquisition for WTPhelan in the last 10 years. The following is a list of those agencies WTPhelan has purchased over the last decade.
- Johnson & Higgins (Boston)
- Marsh McLennan (Boston)
- Sedgwick James of MA (Boston)
- Ranieri & Krey (Cambridge)
- Barrett Insurance Agency (Watertown)
- Sweeney & O’Connell (Arlington)
- Ellen Reardon Insurance Agency (Lexington)
- Bartlett-Lee Insurance Agency (Lexington)
- Garrett Insurance Agency (Somerville)
- The Del Mastro Agency (Newton)
- The J. Henry Quinn Insurance Agency (Cambridge)
