5th Agency Acquisition For Duffy Insurance in 24 Months
Duffy Insurance Agency continues to expand its presence throughout the North Shore with another independent agency acquisition. The Lynn-based agency announced that it acquired the Allan Insurance Agency of Salem, MA. Brothers, David and Jerrold Kameras helped build the family insurance agency, which was started by their father, Allan Kameras over 40 years ago.
“We are excited to welcome Allan Insurance Agency, its employees and its customers into the Duffy Family of Insurance Agencies,” said Marc Duffy, President of Duffy Insurance..“Under the Duffy ownership, Allan customers will continue to enjoy personalized customer service with the added benefits of additional insurance company offerings and an individualized customer experience that appeals to both modern and traditional customers.”
The Allan Agency and its current staff, led by David Kameras, will continue to operate in its current location at 63 ½ Jefferson Avenue in Salem MA.
“Our agency is very excited to have the opportunity to merge resources with the Duffy Team. Combining the strengths of the Allan Insurance Agency with those of the Duffy Agency allows our agency to obtain an expanded marketplace for our customers, while still maintaining that small-town agency feel. As we move into the future, we look forward to grasping more opportunities to service our clients with the increased value & resources made readily available. Both the Allan Insurance Agency & the Duffy Team are dedicated & committed to providing the best possible service & insurance products to our surrounding community,” said David Kameras of Allan Insurance.
The acquisition of Allan Insurance is the fifth external acquisition completed by Duffy in the last 24 months. They include:
- July 2020 – Duffy Acquires N. Pingree Insurance in Georgetown, MA
- January 2021- Duffy Acquires Barry and O’Connor Insurance in Lynn, MA
- August 2021- Duffy Acquires Charles A. Slee Agency in Marblehead MA
- Sept 2021- Duffy Acquires A.J. George Insurance in Peabody MA
- June 2022- Duffy Acquires Allan Insurance in Salem MA
“Although we have expanded in recent years, we continue to operate like a small, family insurance agency. We don’t outsource customer service. All customer service is done in- house by our team members. This is key to us maintaining personal relationships with our customers. This makes us a unique option for owners who are looking to retire but want to make sure their customers and employees continue to enjoy personal relationships that have been in place for many years,” said Marc Duffy.
Duffy Insurance adds that it continues to look to acquire independent insurance agencies in the Greater Boston Area.