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You are here: Home / Agency Perpetuations, Valuations & Sales / Agency Mergers & Acquisitions / Deland, Gibson Insurance Acquires Atchue Insurance

Deland, Gibson Insurance Acquires Atchue Insurance

July 8, 2024 by Owen Gallagher

Expands Agency’s Presence in Worcester and Surrounding Communities

Chip and Ted Gibson

Deland, Gibson Insurance Associates is expanding its geographic footprint in Massachusetts once again. The leading Insurance and Risk Management consultant based in Wellesley Hills, MA, announced its acquisition of Worcester-based Atchue Insurance Agency. The transaction took place on June 12th, 2024 and marks the second agency acquisition for Deland, Giblson this year.

“We are excited to join forces with Atchue Insurance, a highly respected and skilled organization,” said Chip Gibson, CEO of Deland, Gibson. “With over four decades of dedicated service to the Worcester community and beyond, Atchue upholds values that closely align with ours. We eagerly anticipate the opportunities for mutual growth in Worcester, the only one of the five largest cities in Massachusetts to experience population growth from 2020 to 2023. We are excited to expand in such a vibrant and growing city.”

Founded by Earl V. Atchue, Jr. in 1982, Atchue Insurance Agency has grown from a home-based operation to a well-established firm, offering a wide range of insurance services with a strong commitment to personal service.

To ensure continuity among the Atchue customers and team, the next generation of leadership has been promoted from within the family, with A.J. (Andrew J.) as Managing Director.

This alliance will bring increased opportunities and resources for the Atchue Insurance team and clientele while expanding Deland, Gibson’s presence in Worcester and surrounding communities.

The Atchue team will remain at their Worcester office at 190 Park Ave. Read more about Atchue Insurance here.

About Deland, Gibson Insurance 

Agency Checklists, MA Insurance News, Mass. Insurance News, Agency Interview with Deland, Gibson

Established in 1900, Deland, Gibson is a Massachusetts insurance agency that has thrived working as a trusted advisor for its client base. It has long been the goal and desire to maintain Deland, Gibson as a family-run business. Owners Chip Gibson and Ted Gibson are fourth-generation leaders of the agency. Deland, Gibson has offices in Wellesley, Franklin, Dennis Port, Duxbury, and Worcester, Massachusetts.

Agency Checklists has covered the following acquisitions by Deland, Gibson since 2016:

  • Schofield Insurance Services Merges With Deland, Gibson Insurance Associates (2016)
  • Deland, Gibson Insurance Acquires The Dickey Insurance Agency (2021)
  • Deland, Gibson Acquires Franklin’s Keefe Insurance (2021)
  • Deland, Gibson Partners With Allston’s Gorman Insurance Agency (2022)
  • Deland, Gibson Insurance Agency Acquires Austin Chandler Insurance (2024)

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