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wbjournal.com | Book of Lists 2021 | Worcester Business Journal 39 P R O F E S S I O N A L S E R V I C E S F O C U S Top insurance agencies Ranked by number of local producers(a) Agency Local producers/ local employees/ annual premium revenue Total producers/ total employees Central Mass. locations/ total locations Services and products Principal/ year founded 1 Murphy Insurance Agency 50 Main St., Hudson 01749 800-222-8711 • www.dfmurphy.com 46 71 DND 46 71 7 7 All types of personal, business and financial insurance Dennis F. Murphy Jr. CEO 1937 2 Corporate Benefit Plans 195 Park Ave., Worcester 01609 800-417-6353 • www.corporatebenefitplans.com 22 30 $50 million 22 30 2 4 Medical, dental, life, disability, 401(k), healthcare plans, corporate wellness plans, automated benefits management, FSA, HRA, HSA and compliance, executive benefits, hospital employee benefits (HEBA), Medicare financial services Greg Lavelle president & CEO 1995 3 Insurance Marketing Agencies Inc. 306 Main St., Worcester 01608 508-753-7233 • www.imaagency.com 20 50 $80 million 26 58 1 2 All lines of commercial property and casualty, personal insurance and group benefit products from the leading industry providers Peter H. Herman president 1924 4 Northeast Insurance Agency Inc. 567 Southbridge St., Auburn 01501 508-832-0404 • www.neinsure.com 19 22 $40 million 33 47 2 6 All forms of personal and commercial insurance Scott Bulger president 1989 5 Sullivan Insurance Group 1 Mercantile St., Suite 710, Worcester 01608 508-791-2241 • www.sullivangroup.com 17 54 DND 23 63 2 3 Insurance and risk management services, commercial and personal property and casualty, cyber liability and employee benefits John T. Andreoli president & CEO 1957 6 Marsh & McLennan Agency 100 Front St., Suite 800, Worcester 01608 508-852-8500 • www.MarshMMA.com 13 72 DND 37 170 2 5 Risk management, property and casualty, surety, employee benefits, executive compensation, retirement and private client services Jerry Alderman CEO, New England region 1928 7 AXiA Insurance Services Inc. 84 October Hill Road, Holliston 01746 508-651-2100 • www.axiagroup.net 10 25 DND 10 25 2 6 Business insurance, personal insurance, life and health insurance, risk management, pay as you go workers' compensation Michael R. Long CEO 2001 7 Braley Wellington Group 44 Park Ave., P.O. Box 15127, Worcester 01615 508-754-7255 • www.braleywellingtongroup.com 10 32 $31 million 10 32 3 3 Full service insurance agency with personal lines, commercial products, financial services, risk management and consulting services, full registry service Parker Wellington Jr. president 1972 7 Risk Strategies 446 Main St., 9th Floor, Worcester 01608 617-330-5700 • www.risk-strategies.com 10 25 $750 million 49 2,300 1 105 Employee benefits including medical, dental, reinsurance, vision, life, disability and voluntary products; property and casualty and personal lines John Mina CEO 1997 10 Gallant Insurance Agency Inc. 199 Great Road, P.O. Box 975, Acton 01720 978-263-3500 • www.gallantins.com 7 26 DND 7 26 3 3 All lines, personal and commercial insurance and financial service Ray Gallant president 1927 10 Gaudette Insurance Agency Inc. 1 Plummers Corner, Whitinsville 01588 508-234-6333 • www.gaudette-insurance.com 7 30 $25 million 7 30 3 3 Business insurance: property, liability, workers' compensation, auto, cyber, bonds; personal insurance: auto, homeowners, life, disability, boats and valuables Lee Gaudette president 1926 10 Herlihy Insurance Group 51 Pullman St., Worcester 01606 508-756-5159 • www.herlihygroup.com 7 25 $25 million 7 25 1 1 Medical malpractice, construction, bonding, automotive, nonprofits, restaurants and personal insurance James J. Herlihy III president 1927 13 Knight-Dik Insurance Agency 120 Front St., Worcester 01608 800-286-6353 • www.knightdik.com 6 20 $35 million 6 20 1 1 Commercial and personal lines Ross Dik president 1918 13 Smith Brothers U.S.A. 229 Main St., Milford 01570 508-473-4045 • smithbrothersusa.com 6 (b) 6 (b) DND DND 100 (b) 1 11 Surety and construction insurance services, commercial property and casualty services, risk management services, personal lines services, life, group and medical insurance and estate planning and financial services Joseph Smith president 1971 13 Thomas J. Woods Insurance Agency Inc. 20 Park Ave., Worcester 01605 508-755-5944 • www.woodsinsurance.com 6 24 DND 6 24 1 1 Personal and commercial insurance, group insurance and life services Jack Woods president 1949 16 Northwood Insurance Agency Inc. 269 W. Main St., P.O. Box 187, Northborough 01532 508-393-2455 • www.northwoodins.com 5 8 DND 5 8 1 1 Commercial and personal lines property and casualty, insurance advisor, life and health Jack Snow president 1989 16 Traina & Traina Insurance Agency Inc. & Surety Services NE 44 Main St., P.O. Box 489, Sterling 01564 978-422-7700 • www.ttiai.com 5 (b) 7 (b) DND DND DND 1 1 Property and casualty, surety and fidelity; life, accident and health insurance; contract surety consultation, commercial insurance, specialty programs in construction services and construction bonds, small business insurance and personal lines including specialty high-value home programs Richard C. Traina president 1993 18 George E. McKenna Insurance Agency Inc. 4 Pleasant St., Leicester 01524 508-892-8133 • www.mckennains.com 3 3 $5 million 5 5 1 1 Auto, home, business, life, group benefits and retirement planning Steven Corley principal 1928 18 Wolpert Insurance Agency Inc. 18 John St. Place, Worcester 01609 3 (b) 11 (b) 7 (b) 15 (b) 1 2 Insurance and risk management services for clients throughout New England Michael Wolpert president 13 Smith Brothers U.S.A. 229 Main St., Milford 01570 508-473-4045 • smithbrothersusa.com 6 (b) 6 (b) DND DND 100 (b) 1 11 Surety and construction insurance services, commercial property and casualty services, risk management services, personal lines services, life, group and medical insurance and estate planning and financial services Joseph Smith president 1971 13 Thomas J. Woods Insurance Agency Inc. 20 Park Ave., Worcester 01605 508-755-5944 • www.woodsinsurance.com 6 24 DND 6 24 1 1 Personal and commercial insurance, group insurance and life services Jack Woods president 1949 16 Northwood Insurance Agency Inc. 269 W. Main St., P.O. Box 187, Northborough 01532 508-393-2455 • www.northwoodins.com 5 8 DND 5 8 1 1 Commercial and personal lines property and casualty, insurance advisor, life and health Jack Snow president 1989 16 Traina & Traina Insurance Agency Inc. & Surety Services NE 44 Main St., P.O. Box 489, Sterling 01564 978-422-7700 • www.ttiai.com 5 (b) 7 (b) DND DND DND 1 1 Property and casualty, surety and fidelity; life, accident and health insurance; contract surety consultation, commercial insurance, specialty programs in construction services and construction bonds, small business insurance and personal lines including specialty high-value home programs Richard C. Traina president 1993 18 George E. McKenna Insurance Agency Inc. 4 Pleasant St., Leicester 01524 508-892-8133 • www.mckennains.com 3 3 $5 million 5 5 1 1 Auto, home, business, life, group benefits and retirement planning Steven Corley principal 1928 18 Wolpert Insurance Agency Inc. 18 John St. Place, Worcester 01609 508-459-4700 • www.wolpert.com 3 (b) 11 (b) DND 7 (b) 15 (b) 1 2 Insurance and risk management services for clients throughout New England Michael Wolpert president 1956 20 Coonan Insurance Agency Inc. 267 Main St., Oxford 01540 508-987-7122 • www.coonaninsurance.com 2 6 DND 2 6 1 1 Homeowners, auto, commercial lines, property and casualty, life, health, disability and surety bonds Thomas Coonan president 2001 Source: Each agency via survey Notes: Eastern Insurance Group , with 5 locations in Central Mass. and HUB International, with 6 locations in Central Mass., did not participate in the survey. DND=Did not disclose, FSA=Flexible Spending Account, HRA=health reimbursement arrangement, HSA=health savings account. (a) A producer is a person licensed to sell insurance in a particular state. (b) Figure from 2020 survey - Compiled by: Heide Martin, hmartin@nebusinessmedia.com More than one-third of households in Massachusetts with health insurance had an unexpected medical bill in their family in 2019, according to the state's Center for Health Information and Analysis. Unexpected bills can hit when insurance covers less — or none — of a medical bill. CHIA found those unexpected bills took place for 37% of house- holds with insurance in 2019, and nearly half of those had three or more such unexpected bills. 37% of Mass. had surprise medical bills Center for Health Information and Analysis