AMERIANA Insurance Agency finalize de l’acquisition Chapin-Hayworth Insurance Agency
December 10th, 2009
Ameriana Bancorp, parent company for Ameriana Bank, announced that Ameriana Insurance Agency, a bank subsidiary, has completed a previously announced purchase of the book of business of the Chapin-Hayworth Insurance Agency Inc. Chapin-Hayworth is a multi-line property and casualty insurance agency located in New Castle.
Chapin-Hayworth Insurance agents Ruth Hayworth and Gail Byers and customer service representative Chris Griggs have relocated to the Ameriana Insurance office on Bundy Avenue and will continue to serve their existing clients from their new location. According to Todd Thalls, Senior Vice President and Ameriana Insurance Agency Manager, the Ameriana Insurance team is making the transition as seamless as possible. Because Chapin-Hayworth Insurance clients will still have the Chapin-Hayworth Insurance agents they are used to working with, customers will be unaffected by the purchase.
Commenting on the announcement, Jerome J. Gassen, President and Chief Executive Officer of Ameriana Bancorp, said, “We believe this is a great opportunity for Ameriana as well as the customers of Ameriana Insurance and Chapin-Hayworth Insurance. For the Company, this transaction sets the stage for enhanced growth opportunities in our insurance business. For customers, it combines the resources and capabilities of two of Henry County’s leading professional insurance agencies, which will work together to better serve our customers.”
Ameriana Bancorp is a bank holding company. Through its wholly owned subsidiary, Ameriana Bank, the Company offers an extensive line of banking services and provides a range of investments and securities products through banking centers in the central Indiana area. Ameriana Bank owns Ameriana Insurance Agency, a full-service insurance agency, Ameriana Financial Services, which offers securities and insurance products through LPL Financial (Member FINRA/SIPC), and Ameriana Investment Management.
Categories: Casualty Insurance |
coffee
