Towne Insurance Acquires Middle Peninsula Insurance
Towne Insurance, a wholly owned subsidiary of TowneBank, announced the addition of Williamsburg-based Middle Peninsula Insurance Agency, Inc. Founded in 1908 and led by Agency President Joe Harrow, Middle Peninsula Insurance has a long-standing reputation for building strong relationships with carriers and clients. The agency provides personal and business insurance solutions to over 5,000 clients through their three offices located in Williamsburg, Deltaville and Dillwyn.
Recently ranked 56th of the Top 100 Brokers by Business Insurance magazine, Towne Insurance strategically partners will select firms that carry strong reputations in their local markets and share a similar commitment to exquisite service. With this acquisition, Towne Insurance’s team will grow to more than 385 professionals with 29 offices providing service throughout Virginia and North Carolina. Since 2001, Towne Insurance has completed 22 insurance agency acquisitions.