EAST PROVIDENCE – Starkweather & Shepley Insurance Brokerage Inc. ranked No. 69 in Business Insurance Magazine’s Top 100 List of Insurance Brokerages for 2014, moving up two places from its ranking last year at No. 71.
The annual list ranks insurance brokerages throughout the United States based on revenue. Starkweather & Shepley, which this year celebrated its 135th year in business, saw its total annual revenue rise 15.8 percent in 2013 to $41.4 million.
“In the past couple of years organic growth and strategic acquisitions in Connecticut and Massachusetts have increased our presence in the market place,” said Nat Calamis, president and CEO of Starkweather & Shepley. “These acquisitions and our initiative to focus on specific practice groups have allowed us to grow organically as a company.”
The Business Insurance Magazine ranking follows awards presented to Starkweather & Shepley earlier this year, including recognition as one of Providence Business News’ “Best Places to Work” and being named to The Hanover Insurance Group’s President’s Club for agencies among the top 5 percent of the 2,500 that carry products from The Hanover.
Since 1879, Starkweather & Shepley has provided commercial insurance, personal insurance, health and employee benefits, surety bonding and risk management service. The company currently employs more than 185 people in Rhode Island.