WT Phelan Insurance Purchased by Assured Patners

WT Phelan Insurance

WTPhelan was established in 1898 and is committed to helping others. We are aware of how crucial it is to have the greatest insurance company on your side to make sure you are adequately protected from life’s unforeseen tragedies. WTPhelan is here to defend you and your family during all time periods, including the present and the future.

Insurance Agency WTPhelan & Co., Inc. is purchased by Assured Partners.

A longtime Cambridge fixture, WTPhelan & Co., has been sold. AssuredPartners, Inc., a Florida-based company, stated that it has bought the independent insurance agency that has been run by a family for around 122 years. As of right now, the organization boasts $18 million in annually revenue.

Principal Robert Ramsey said, “Since 1898, WTPhelan has worked on our basic principles of integrity, creativity, and progress. As a proud new partner of AssuredPartners, “we are looking forward to preserving our disposition of hard work and devotion as we go into this next stage.”

“At WTPhelan, we strive to provide customers the greatest coverage at a price that will satisfy their insurance requirements. We are dedicated to ensuring that companies and people have enough coverage, he continued. AssuredPartners’ new partnership with us will enable us to continue serving our customers in a collaborative setting.

Vice President of WTPhelan David Ramsey agreed. “For more than a century, WTPhelan has led the industry in providing technological know-how and top-notch customer service. We are dedicated to giving our workers the necessary tools to be successful. By joining AssuredPartners, we will be able to both continue to provide our expertise and expand our business.

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The 58 members of the WTPhelan team will all remain on staff after the transaction’s conclusion, per the conditions of the deal. Roberty Ramsey will stay on after that to supervise the work of the agency.

Tom Kozera, regional president of AssuredPartners, said, “The staff at WTPhelan exhibits genuine customer care and devotion to their neighborhood. We are happy to welcome new WTPhelan employees to our expanding team in the Northeast sector.

AssuredPartners President and COO Tom Riley said, “Our Northeast Operations are excited about AssuredPartners culture and strategic expansion. “What makes AssuredPartners so special is the growth that comes from these incredible collaborations. We’d like to extend a warm welcome to WTPhelan & Co. Insurance Agency’s staff members and customers.

In order to have a significant regional presence, WTPhelan itself over time bought more insurance companies in Middlesex County. WTPhelan’s acquisition by AssuredPartners, the company’s 20th acquisition overall in 2020, gives it a solid presence in the Massachusetts market.

Woburn

Our Woburn office is a full-service insurance company that offers insurance products and services to both people and companies. It was previously known as WT Phelan Insurance and was first formed in 1898.

Our knowledgeable insurance agents use cutting-edge technology and keep up with industry trends to provide the best solution for your insurance requirements and your budget. Our advisers assist you in choosing the appropriate coverage for your particular needs and create an extensive portfolio of insurance plans offered by reputable insurance providers, such as:

Individual Insurance

-Condo, home, and renters insurance

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-Auto Insurance Car Insurance for Antiques

-Continuity Insurance

-Services for Private Clients

-Yacht & Boat Insurance

-Important Articles Insurance

-Flood and earthquake insurance

Commercial Insurance

-Master Insurance for Apartments and Condos

-Insurance for Property and Casualty

-Employee Compensation

-Small Business Professional Liability Insurance

Our workforce is committed to giving back to the communities in which we work and live by participating in local volunteer projects and lending a hand to local charities, fire and police departments, sports teams, and schools. Additionally, we have planned sizable fundraising events for the Susan G. Komen Foundation and the Dana Farber Cancer Center.

To find out more about safeguarding your financial assets, both personal and commercial, contact our office right now.

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