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Towne Insurance

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W. Douglas Russell's photo - President & CEO of Towne Insurance

President & CEO

W. Douglas Russell

CEO Approval Rating

90/100

TOWNE INSURANCE TOP COMPETITORS OR ALTERNATIVES

RANK

COMPANY

CEO

CEO RATING

EMPLOYEES

FUNDING

REVENUE

Towne Insurance's company profile
W. Douglas Russell's photo - President & CEO of Towne Insurance

W. Douglas Russell

President & CEO

90/100
450
$0
$78M
View Profile
1
Towne Insurance's Competitor - Inszone logo
Norm Hudson's photo - CEO of Inszone

Norm Hudson

CEO

90/100
230
- -
$17.5M
View Profile
2
Towne Insurance's Competitor - PSA Insurance logo
Aaron Myers's photo - President & CEO of PSA Insurance

Aaron Myers

President & CEO

90/100
20
- -
$5.6M
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3
Towne Insurance's Competitor - CIA logo
Sam Crudo's photo - CEO of CIA

Sam Crudo

CEO

90/100
56
- -
$9.4M
View Profile
4
Towne Insurance's Competitor - JRIA logo
John Roberts's photo - President of JRIA

John Roberts

President

90/100
42
- -
$8.5M
View Profile
5
Towne Insurance's Competitor - Ronnie Shriner Insurance Agency logo
Ronnie Shriner's photo - Founder & CEO of Ronnie Shriner Insurance Agency

Ronnie Shriner

Founder & CEO

90/100
18
- -
$2M
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6
Towne Insurance's Competitor - Easley Hedrick Insurance & Financial logo
Brandon Hedrick's photo - CEO of Easley Hedrick Insurance & Financial

Brandon Hedrick

CEO

90/100
30
- -
$7.2M
View Profile
7
Towne Insurance's Competitor - Ghaphery Insurance logo
Keith Ghaphery's photo - President of Ghaphery Insurance

Keith Ghaphery

President

90/100
55
- -
$9.1M
View Profile
8
Towne Insurance's Competitor - Prince-Wood Insurance, LLC logo
Mark Rousseau's photo - CEO of Prince-Wood Insurance, LLC

Mark Rousseau

CEO

90/100
7
- -
$2.7M
View Profile
9
Towne Insurance's Competitor - Tfigins logo
CEO Avatar

CEO

- -
26
- -
$1.3M
View Profile
10
Towne Insurance's Competitor - Glen Frye Insurance logo
CEO Avatar

CEO

- -
116
- -
$46.7M
View Profile
11
Towne Insurance's Competitor - Sweeney Insurance Agency logo
Edwin Sweeney's photo - Co-Founder of Sweeney Insurance Agency

Edwin Sweeney

Co-Founder

90/100
38
- -
$7.8M
View Profile
12
Towne Insurance's Competitor - Andersonfamilyinsurance logo
CEO Avatar

CEO

- -
117
- -
$32.6M
View Profile

Missing a competitor? Contribute!

Inszone has been one of Towne Insurance's top competitors. Inszone was founded in 2002, and is headquartered in Rancho Cordova, California. Inszone competes in the Property & Casualty Insurance industry. Inszone generates $60.5M less revenue vs. Towne Insurance.

PSA Insurance is a top competitor of Towne Insurance. PSA Insurance is a Private company that was founded in Temecula, California in 1979. Like Towne Insurance, PSA Insurance also competes in the Life & Health Insurance industry. PSA Insurance has 430 fewer employees vs. Towne Insurance.

CIA is perceived as one of Towne Insurance's biggest rivals. CIA was founded in 1975, and its headquarters is in Shelby Charter Township, Michigan. Like Towne Insurance, CIA also operates in the Insurance Brokers field. CIA has 394 fewer employees than Towne Insurance.

Towne Insurance Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
George Johnson Insurance

Jun 2021

Source »
undisclosed
GJI is a South Carolina-based insurance agency that offers business and commercial insurance products and services such as professional liability and workers compensation.
The Angel Agency

Feb 2020

Source »
undisclosed
The Angel Agency is a provider of auto, home, inland marine and health insurance products and services for businesses and individuals.
Straus, Itzkowitz & LeCompte Insurance Agency, Inc.

Mar 2019

Source »
undisclosed
SIL is a provider of auto, home, life, health and property insurance products and services.
WA Moore Insurance

Aug 2017

Source »
undisclosed
W.A. Moore & Company provides auto, home, business, health and life insurance services.
BH Baird Insurance Angency

Oct 2015

Source »
undisclosed
B.H. Baird Insurance offers home, auto, life, business and health insurance products and services.

These are all the companies that Towne Insurance has acquired. Towne Insurance has acquired 9 companies and its latest acquisition was George Johnson Insurance in Jun 2021. GJI is a South Carolina-based insurance agency that offers business and commercial insurance products and services such as professional liability and workers compensation.

Towne Insurance Funding History

No recent funding data found related to Towne Insurance

Towne Insurance Investments

No recent investments found related to Towne Insurance

Towne Insurance News

February 6, 2020The Business Journals: Raleigh/Durham

Towne Insurance CEO talks decision to expand in the Carolinas

Towne Insurance Agency Inc. is expanding its footprint in the Carolinas, including Raleigh.... See more »
March 12, 2019Insurance Journal

Towne Insurance Acquires Virginia's Straus, Itzkowitz & LeCompte Insurance

Towne Insurance, a wholly-owned subsidiary of TowneBank, has acquired Straus, Itzkowitz & LeCompte In... See more »
November 30, 2017Insurance Journal

Virginia's Towne Insurance Hires Rogerson to Manage Select Business Unit

Towne Insurance, an independent insurance agency headquartered in Hampton Roads in Virginia, has hire... See more »
August 30, 2017Insurance & Financial Advisor

Va.-based Towne Insurance acquires N.C. agency

Towne Insurance, the Hampton Roads, Va., subsidiary of TowneBank, has acquired W.A. Moore Insurance, ... See more »

Towne Insurance Press Releases

Social Media

Towne Insurance Headquarters

301 Bendix Road Suite 300, Convergence Center

Virginia Beach, Virginia23452

800-486-4611

Driving Directions »

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Towne Insurance Summary

ABOUT

Overview

Towne Insurance is a Virginia-based insurance brokerage firm that provides personal, commercial insurance and risk management services. Towne Insurance was founded in 2001. Towne Insurance's headquarters is located in Virginia Beach, Virginia, USA 234...

CEO

Towne Insurance's President & CEO, W. Douglas Russell, currently has an approval rating of 90%. Towne Insurance's primary competitors are Inszone, PSA Insurance & CIA.

Frequently Asked Questions about Towne Insurance

  1. When was Towne Insurance founded?

    Towne Insurance was founded in 2001
  2. Who is Towne Insurance's CEO?

    Towne Insurance's CEO is W. Douglas Russell
  3. How much revenue does Towne Insurance generate?

    Towne Insurance generates $78M in revenue
  4. How much funding does Towne Insurance have?

    Towne Insurance has historically raised $0 in funding
  1. Where is Towne Insurance's headquarters?

    Towne Insurance's headquarters is in Virginia Beach Virginia, USA
  2. How many employees does Towne Insurance have?

    Towne Insurance has 450 employees
  3. What sector does Towne Insurance operate in?

    Towne Insurance is in Life & Health Insurance, Insurance Brokers
  4. Who are Towne Insurance's competitors?

    Towne Insurance's top competitors are Inszone, PSA Insurance, CIA