Duffy Insurance Agency has acquired the assets of the Charles A. Slee Insurance Agency of Marblehead, marking Duffy’s third acquisition in 2021.
The Slee Agency is one of the oldest businesses in Marblehead, providing services since 1867, and will remain at its location at 25 Atlantic Ave.
President and co-owner of the Slee Agency David Bartlett expressed his congratulations and gratitude to Duffy Insurance, saying both businesses perfectly align in their commitment to customers first and to the community of Marblehead as a whole.
Marc Duffy, president of Duffy Insurance, said they are excited to welcome the Charles A. Slee Insurance Agency employees and its customers into the Duffy Family of Insurance Agencies.
“Under the Duffy ownership, Slee customers will continue to enjoy personal service with the added benefits of broader producer offerings and an individualized customer experience that appeals to both modern and traditional customers,” Duffy said.
Duffy credited longtime employees of Slee, Chuck Bachner, Christine Malynn, and Noreen Maggio for being instrumental to the success of the agency.
“The frontline team is crucial to the success of any business, and they’ve had a terrific team here at Slee for many years. Noreen Maggio, with the current staff by her side, will continue to lead the Slee Agency,” Duffy said. “The reputation of the agency speaks for itself … I intend to continue that legacy.”
Maggio said the Slee Agency has the best of both worlds by still remaining the small-town insurance agency, but having additional resources to better respond to customer’s insurance needs.
“As we’ve gotten to know Duffy Insurance Agency, we sense the deep experience the Duffy team brings and feel their commitment to us, our clients and the Marblehead, Swampscott, and North Shore community,” Slee said. “As we move forward with the fresh new outlook of the new ownership, we’re the same staff eager to service our customers in the friendly and efficient manner that they’ve always enjoyed.”
Duffy Insurance continues to look to acquire and partner with high-quality independent agencies and agency owners in Massachusetts who are considering perpetuation options.
Duffy Insurance has office locations in Lynn, Gloucester, Peabody, Chelmsford, Georgetown, and Marblehead.
Thomas McGraw of B.H. Burke and CO. represented the Charles A. Slee Insurance Agency in the sale of the agency.
