New Acquisition for Greylock Insurance Agency
PITTSFIELD, Mass. -- Greylock Insurance Agency is expanding its footprint in Berkshire County with the purchase of Gallup & Casey Insurance Services, Inc.
Gallup & Casey's businesses in North Adams, Adams and Williamstown, will be combined with Greylock's existing insurance operations in Pittsfield, and owners David and Chris Casey will join the management team of Greylock Insurance as vice presidents. Greylock also announced plans to complete its countywide expansion by opening a Great Barrington insurance office within the next few months. The combined agency will have $15 million in premiums and an estimated 9,000 customers.
"Gallup & Casey is the perfect partner for Greylock Insurance Agency," said Angelo Stracuzzi, president of Greylock. "Greylock Insurance has become the fastest growing agency in Berkshire County, more than doubling its revenues since we launched it in 2004. We have two thriving locations in Pittsfield. But members outside of the central Berkshires have told us repeatedly they would like locations more convenient to where they live and work. Gallup & Casey's three locations and their outstanding staff of insurance professionals provide a perfect parallel to our North County credit union offices in North Adams, Williamstown and Adams. Our Great Barrington office will also be open soon, which will give us more insurance locations in the Berkshires than any other agency. In fact Greylock Insurance Agency will be the Berkshire's
only county-wide insurance agency."
David and Chris Casey, brothers who have owned the family business since 1992, said they chose a partner carefully in deciding to sell the agency to Greylock.
"This business has been in our family since 1891," said David Casey. "Over the years we have had a number of offers to sell the business, but Greylock is the kind of partner we were really hoping for. We share a philosophy with regard to great customer service, stability for our employees, and longevity in the community. We look forward to staying on in this business
with Greylock for many years to come."
Stracuzzi emphasized Greylock Insurance Agency's plans to maintain all existing employees of Gallup & Casey.
"Gallup & Casey has been successful for many decades, thanks to these employees and the leadership provided by Chris and David," Stracuzzi said. "Our goal in acquiring the agency is to continue providing a great work environment, and even expanding opportunities for their career advancement."
Plans call for the offices in North Adams and Williamstown to be maintained in their current locations, while the Adams office on Commercial Street will be combined into the Greylock Federal Credit Union building at 2 Park Street, currently under renovation.
The combined agency will field 28 insurance professionals and offer a full array of services in auto, homeowners, life and commercial insurance.