June 13, 2016 – The Duffy Insurance Agency of Lynn announced today that it has acquired the Jay Colangelo Insurance Agency of Chelmsford. The Jay Colangelo Insurance Agency acquistion marks the 3rd acquisition that Duffy Insurance has successfully completed since 2013. See Agency Checklists’ January 5, 2015 article, “Duffy Insurance Acquires Neighboring Peabody Agency.”
The Colangelo owner and staff to remain with Duffy Insurance
The Jay Colangelo Insurance Agency was established in 1994. James, “Jay,” Colangelo and his staff of four will remain working out of their current Chelmsford, MA location.
“We are excited to welcome the Jay Colangelo Insurance Agency to the Duffy team. Jay and his staff have built and maintained a strong reputation and insurance agency in Chelmsford. We look forward to working closely together with Jay and his team moving forward,” said Marc Duffy.
Duffy Insurance seeking additional partnerships
Duffy Insurance also announced that it continues to look to partner with independent agency owners in Massachusetts who are looking to perpetuate their agency.
About Duffy Insurance
Founded in 1996 by the late Paul Duffy, the Duffy Insurance Agency is a family insurance agency that services personal and commercial insurance customers throughout Massachusetts. In recent years the agency has grown in part through the acquisition of other Massachusetts independent agents. Duffy Insurance offers local insurance agency owners looking to perpetuate their business a flexible alternative to the bigger brokerage firms. Duffy Insurance is headquartered in Lynn.
