Towne Insurance, a wholly-owned subsidiary of TowneBank, announced the addition of Straus, Itzkowitz & LeCompte Insurance, a full-service, independent agency located in Richmond, VA. This will mark the 23rd acquisition for Virginia-based Towne Insurance.
“This new addition to Towne Insurance is a great fit to partner with as they show the same dedication to growth as we do,” said Dudley Fulton, President & CEO of Towne Insurance. “We are thrilled to welcome Fred Itzkowitz, Pettus LeCompte and their whole team to the Towne family,”
Straus, Itzkowitz & LeCompte is led by agency President Fred Itzkowitz and Executive Vice President Pettus LeCompte. They have established strong relationships with carriers and clients for the past 151 years. One of the oldest independent agencies in Virginia, they are an agency built on the principles of providing superior customer service, and offering quality commercial and personal insurance solutions including life, health, and long-term care solution to their clients of Richmond and throughout Virginia.
“Since our company was founded, we have been dedicated to providing resources to better serve our clients, and we believe joining Towne Insurance will do just that,” said Fred Itzkowtiz, President of Straus, Itzkowtiz & LeCompte Insurance. “As they are one of the top insuance agencies based in Virginia, we are excited that our clients will now have a relationship with them.”
Ranked 56th of the Top 100 Brokers by Business Insurance Magazine, Towne Insuance partners with select firms that share a similar commitment to exquisite service and carry strong reputations in their local markets. This acquisition will make Towne Insurance grow to more than 422 professionals with 30 offices throughout Virginia and North Carolina.