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You are here: Home / Agency Perpetuations, Valuations & Sales / Agency Mergers & Acquisitions / Duffy Insurance Acquires Waverley Insurance Agency

Duffy Insurance Acquires Waverley Insurance Agency

November 17, 2025 by AC Editor


Waverley Insurance Has Served the Belmont Area for Over 70 Years

Duffy Insurance has completed the acquisition of Waverley Insurance Agency of Belmont, Massachusetts. The transaction, completed in October 2025, brings the 70+ year, family-run Waverley Agency into the Duffy Insurance family while preserving the personalized, multigenerational service Waverley clients have relied on for generations.

In commenting on the sale of his agency, Jim King, President of Waverley Insurance, said the following:

“We are honored to have been the trusted source of information and clarity by our clients for over 70 years. We value the confidence our clients have shown in us and our long-term relationships with them. Many of our current clients are the sons and daughters of our original clients. By joining Duffy Insurance Agencies, we know our clients will continue to receive the same care and an attention they have come to expect with the added benefit of an even greater level of support, resources and services. This is an exciting new chapter for Waverley Insurance Agency and will continue the tradition of delivering personalized customer service with the additional strength and resources of a larger family of agencies.”

“We’re honored to welcome Waverley Insurance into The Duffy Family of Insurance Agencies. Jim and his team have been a trusted source of clarity and care for Belmont families and businesses for decades. We will continue to preserve the personal attention clients expect while layering in broader commercial expertise, deeper carrier relationships, and the operational resources that help clients move forward with confidence,” said Marc Dufy, President of Duffy
Insurance Agency.

About The Duffy Family of Insurance Agencies

Founded in Lynn, Massachusetts in 1996 by the late Paul Duffy and currently led by his son, Marc Duffy, Duffy Insurance Agency provides comprehensive personal and commercial insurance solutions throughout Massachusetts and New Hampshire. Known for its in-house service and community-first philosophy, Duffy Insurance proudly serves its customers through office locations in Lynn, Gloucester, Peabody, Lowell, Chelmsford, Georgetown, Marblehead, Salem, Beverly, West Newbury, Plaistow, NH and Lexington, MA.

Duffy Insurance Agency Recent Acquisitions:

  • Duffy Insurance Expands Presence with Latest Acquisition in Lexington (September 2025)
  • Duffy Insurance Announces First Acquisition Outside of Mass. (July 2025)
  • Duffy Insurance Announces Acquisition of Saratoga Insurance Agency (May 2025)
  • Strong Start To 2025 For Duffy Insurance As It Expands Into West Newbury (2025)
  • Cowan Insurance Agency Haverhill, MA (September 2024)
  • Byam Bros.-Mahoney Insurance Agency Lowell, MA (December 2023)
  • DeAngelis Trinity Insurance Agency Framingham, MA (October 2023)
  • Lauranzano Insurance Agency Beverly, MA (October 2023)
  • Boyd Neelon Insurance Agency Sudbury, MA (April 2023)
  • B&M Insurance Agency Wakefield, MA (December 2022)
  • Allan Insurance Agency Salem, MA (June 2022)
  • A.J. George Insurance Agency Peabody, MA (Sept 2021)
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  • Barry and O’Connor Lynn, MA (Dec 2020)
  • N. Pingree Insurance Agency Georgetown, MA (July 2020)

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