Norwalk-based Shoff Darby Insurance Agency has been acquired by Lawley, a family-owned insurance broker and employee headquartered in Buffalo, New York.
The financial terms of the deal were not disclosed. Shoff Darby was founded in 1887 and provides personal and business insurance and specializes in construction, transportation, and captive insurance. With this deal, Lawley will add four Connecticut locations (Norwalk, Stamford, Shelton and North Haven) and 75 employees.
“This merger with Lawley creates one of the most dynamic insurance brokerages in the country,” said Shoff Darby President Matt Roberts. “I’m extremely excited for our clients, employees, and our communities to reap the benefits from this incredible partnership.”
“Partnering with Shoff Darby, an agency that holds similar values to Lawley, aids in our continued efforts to expand our footprint throughout the tri-state area,” says Chris Ross, Lawley principal.