Wallace Welch & Willingham (W3) is pleased to announce the addition of Sondregger Insurance agency, an independent agency based in St. Petersburg, Florida. With this addition, made final on December 9, 2015, W3 continues to exceed its growth objectives.
Sondregger Insurance specialized in personal insurance and business insurance. The agency brings one employee and approximately 800 clients, increasing W3’s personal lines book of business by approximately 40%. Sondregger’s book of business consists primarily of homeowners policies with a number of commercial, auto and life as well. Clients will continue to work with their agent and will be serviced out of W3’s current Downtown St. Petersburg location.
This was a perfect fit for W3 and Chris Sondregger, the owner of Sondregger Insurance. W3 was looking to maintain steady growth goals while maintaining its ownership model of internal perpetuation. Keith Gramling, W3’s President, stated, “Through the addition of Sondregger Insurance, we continue to achieve our agency growth goals. We are pleased to welcome each of our new customers and look forward to the next agency owner who would like to be a part of our culture. Celebrating our 91st year, we are now a composition of 27 independent agencies.” This recent addition marks the third in three years, and includes the acquisition of Al Malin’s Insurance in 2013 and a large book of nonprofit business in 2012.
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