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NEWS

SIA Group Acquires Parkway Insurance Services

Full-Service Insurance Agency Expands Market Presence in Western North Carolina Through Purchase of Lenoir-Based Agency

Jacksonville, NC, January 25, 2014 –(PR.com)– Don Mills, president of SIA Group, a full-service insurance agency with nine offices throughout North Carolina and in Blacksburg, Va., has announced that the firm has purchased Parkway Insurance Services, a longstanding home, auto, health and business insurance agency located in Lenoir, N.C. Led by former Parkway Insurance President Todd Perdue, Parkway Insurance will now operate as SIA Group’s 10th office.

With the acquisition, SIA Group can expand its one-of-a-kind risk management services and improved bottom-line results to another area of the state through Parkway Insurance’s excellent longstanding client relationships in Caldwell County.

Perdue will lead the office in Lenoir as manager. A 26-year veteran of the insurance industry, he has specialized in manufacturing, governmental entities and hospitality-related clients. In addition to his professional affiliations, Perdue has served as a member of the Lenoir City Council since 2003, and also currently serves as a member of the Caldwell County Railroad Commission and the North Carolina League of Municipalities Tax and Legislative Committee, and as chairman of Helping Hands Clinic Board of Directors.

Quotes:
“Parkway Insurance has a longstanding reputation of providing outstanding client service in the industry and the western North Carolina area,” said Mills. “Combining a talented group of industry professionals from both firms will give our teams the opportunity to better serve our clients and expand the base of knowledge and expertise we can offer in the future. It’s a natural cultural fit for both of us, and we look forward to a long and successful future.”

“SIA Group is one of the largest privately owned insurance agencies in the country, and its commitment to managing the risk of clients and superior customer service is matched only by our staff here in Lenoir,” said Perdue. “I am confident the combination of these two outstanding agencies will serve to enhance the depth and reach of the services we offer our current and prospective customers.”


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