Powter Insurance Agency Inc. of McKinney, Texas, announced it purchased Arlington, Texas-based Anchor Insurance Agency Inc. from Ron Brown. The Arlington location will be Powter Insurance Agency’s second location.
According the announcement, Powter, a 10 year old agency, has a 99 percent client retention rate and has live account managers answering Powter’s phones 24 hours a day, seven days a week. It offers a full line of products and uses only “A”-rated carriers. One of its largest clients is Dominos Pizza with 1600 franchisees nationwide.
Established in 1946 by Web Rose Jr., Anchor Insurance Agency has grown to a full service insurance agency. In 1998, the agency was purchased by Ronald R Brown, a veteran of 37 years experience in the insurance industry.
Brown is a charter member of NSACE – National Society of Agents for Consumer Education. He has authored two consumer awareness guides – “Circle of Safety: How to Protect Yourself and Your Family with Today’s Insurance” and “How to Protect Yourself and Your Business with Today’s Insurance”.
Source: Powter Insurance Agency
Topics Mergers & Acquisitions Texas
Was this article valuable?
Here are more articles you may enjoy.
FM Global Rebrands As FM 
Insurers Face Business Interruption Claims After Global Tech Outage 
Allstate Reports Second Quarter Pretax Catastrophe Losses of $2.1B 
Global Tech Outage Disrupts Industries, Highlights Online Risks 
