N. Pingree Insurance Agency has been an independent insurance agency for over eight decades
Duffy Insurance has acquired the N. Pingree Insurance Agency. Established in 1938 by H. Nelson Pingree, the N. Pingree Insurance Agency operates from two Massachusetts locations in Georgetown and Haverhill. Brothers Robert and Calvin Pingree eventually took over for their father after working in the family insurance agency for many years.
According to the terms of the transaction, the current Pingree staff will remain working out of the Pingree Georgetown and Haverhill office locations. The agency also will continue to operate under the Pingree Insurance name. Michael Ryan of Insurance Agency Consulting Services, LLC represented N. Pingree Insurance in this transaction.
“We are excited to welcome N. Pingree Insurance, its employees and its customers. The name Pingree has been a very highly respected name for many decades in the Haverhill and Georgetown communities. I am very happy for Bob, Cal and the entire Pingree Family. Customers of Pingree will continue to enjoy the personalized, relationship centered customer service offered by Pingree with additional product options and technological resources available at Duffy,” said Marc Duffy, President of the newly purchased agency.
More about the Duffy Family of Agencies
Founded in 1996 by the late Paul Duffy, 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 insurance agents. The Duffy Family of Agencies has office locations in Lynn, Gloucester, Peabody, Chelmsford, Georgetown, and Haverhill.
The Pingree Insurance Agency acquisition marks the 4th acquisition that Duffy Insurance has successfully completed in recent years. The agency continues to look to partner with high-quality independent agency owners in Massachusetts who are considering an agency sale and perpetuation options.