www.wbjournal.com Book Of Lists 2015 • Worcester Business Journal 61
Top insurance agencies
Ranked by number of producers*
Name
Number of
producers
Number of
professional staff
Annual premium
revenue range Principal/Owner Year founded
1
Eastern Insurance Group LLC
233 W. Central St., Natick 01760
508-651-7700 • www.easterninsurance.com
63 319 $651 million **
Hope Aldrich
President & CEO
1936
2
Marsh & McLennan Agency ***
100 Front St., Ste. 800, Worcester 01608
508-852-8500 • www.mma-newengland.com
27 165 $909 million
Jerry Alderman
President, New England Region,
Property & Casualty
1928 ****
3
Sullivan Insurance Group
2 Mercantile St., Worcester 01608
508-791-2241 • www.sullivangroup.com
21 26 $125 million
John T. Andreoli
President & CEO
1957
4
Corporate Benefit Plans
546 Main St., Worcester 01608
800-417-6353 • www.corporatebenefitplans.com
20 6 $50 million
Greg Lavelle
President & CEO
1995
4
G.M. Abodeely Insurance Agency Inc.
135 Thompson Rd., Webster 01570
508-366-1535 • www.abodeely.com
20 25 DND
William J. Abodeely
President
1940
6
Insurance Marketing Agencies Inc.
306 Main St., Worcester 01608
508-753-7233 • www.imaagency.com
17 27 $65 million
Peter H. Herman
President
1924
6
Murphy Insurance Agency
50 Main St., Hudson 01749
800-222-8711 • www.dfmurphy.com
17 70 DND
Dennis F. Murphy Jr.
CEO
1937
8
Northeast Insurance Agency Inc.
567 Southbridge St., Auburn 01501
508-832-0404 • www.neinsure.com
15 49 $35 million
Scott Bulger
President
1989
9
McGrath Insurance Group Inc.
258 Main St., Sturbridge 01566
508-347-6850 • www.mcgrathinsurance.com
12 13 DND
Richard A. McGrath
President & CEO
1927
10
AXiA Insurance Services Inc.
2 Evergreen Ln., Ste. J, Hopedale 01747
508-259-5585 • www.axiagroup.net
10 25 DND
Michael Long
CEO
2001
10
Braley Wellington Group
44 Park Ave., P.O. Box 15127, Worcester 01615
508-754-7255 • www.braleywellingtongroup.com
10 38 $38 million
Parker Wellington Jr.
President & CEO
1972
10
Insurance Center of New England
90 Parker St., Gardner 01440
978-632-3400 • www.icne.com
10 ***** 25 ***** DND
William Trudeau
President & CEO
1866
13
Thomas J. Woods Insurance Agency Inc.
20 Park Ave., Worcester 01605
508-755-5944 • www.woodsinsurance.com
9 12 DND
Jack Woods
President
1949
13
Traina & Traina Insurance Agency Inc., & Surety Services NE
44 Main St., P.O. Box 489, Sterling 01564
978-422-7700 • www.ttiai.com
9 9 $5-$10 million
Richard C. Traina
President
1993
15
Benefit Development Group Inc.
446 Main St., 19th Floor, Worcester 01608
508-798-0893 • www.benefitdevelopmentgroup.com
8 14 $200+ million
Michael Tsotsis
CEO & founder
1976
15
North American Professional Liability Insurance Agency LLC
161 Worcester Rd., Ste. 504, Framingham 01701
508-656-1300 • www.naplia.com
8 ***** 22 ***** DND Gary Sutherland, CEO 1998
15
Wolpert Insurance Agency Inc.
18 John Street Pl., Worcester 01609
508-459-4700 • www.wolpert.com
8 12 $20-$30 million
Michael Wolpert
President
1956
18
Gallant Insurance Agency Inc.
199 Great Rd., P.O. Box 975, Acton 01720
978-263-3500 • www.gallantins.com
7 16 $18 million
Ray Gallant
President
1927
19
Gaudette Insurance Agency Inc.
1 Plummers Corner, Whitinsville 01588
508-234-6333 • www.gaudette-insurance.com
6 13 DND
Lee Gaudette
President
1926
20
Choice Insurance Agency Inc.
376 Summer St., Fitchburg 01420
978-343-4853 • www.choice-insurance.com
4 10 DND
Brian Allain
President
1992
Source: Each agency via survey. Note: DND = Did Not Disclose.
* A producer is a person licensed to sell insurance in a particular state.
** Rolling 12 months as of May 2015
*** Formerly known as Protector Group Insurance Agency, a Marsh & McLennan Agency Co.
**** Year Protector Group Insurance Agency founded
***** Firm did not respond to survey; data are from 2014.
- Compiled by: Roger Magnus, rmagnus@nebusinessmedia.com
