N. Pingree Insurance Agency Acquired By Duffy
- July 28, 2020
Peabody, MA –The N. Pingree Insurance Agency and its Georgetown and Haverhill MA offices has joined the Duffy Family of Insurance Agencies.
N. Pingree Insurance Agency was established in 1938 by H. Nelson Pingree. Brothers Robert and Calvin Pingree took over for their father after working in the family insurance agency for many years. The current staff will remain working out of the Pingree Georgetown and Haverhill office locations. The agency will continue to operate under the Pingree Insurance name.
“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.
The Pingree Insurance Agency acquisition marks the 4th acquisition that Duffy 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.
Michael Ryan of Insurance Agency Consulting Services, LLC represented N. Pingree Insurance in this transaction.