For Immediate Release:
Amarillo, Texas, January 20. 2016- NCW Insurance, LLP has completed a share exchange agreement with the shareholders of Sanford & Tatum Insurance. The closing was completed on January 1, 2016 with approval of shareholders for both corporations. The merger between NCW and Sanford & Tatum Insurance will extend the combined 178 years of experience and resources to clients, yet offer the long-standing heritage of service and support our clients have come to trust. Both agencies will remain intact and operate under “a division of HeritageRM”.
In NCW’s opinion, “this offers one of the best opportunities for growth and expansion over the next 80 years. We are very excited to partner with Sanford & Tatum Insurance,” said Steve Walton, of NCW.
Sanford & Tatum Insurance Agency, an IIABA Best Practices Agency, was founded in 1935 in the developing town of Lubbock, Texas by C. A. Sanford and his son, Marion. As the young community became an established university town, the Sanford & Tatum Insurance Agency grew into an outstanding regional resource, offering comprehensive insurance protection and superior service to businesses and individuals in many states. The leadership of the agency passed to the third generation when Douglas Sanford became president in 1972. Diannah Tatum’s 30-year contribution was recognized in 2007 with the addition of her name. In 2014, Michael Tatum became a partner in the agency and was joined by Rhonda Thomack and Mark Williams in 2015. With offices in Snyder, Burnet and Plano, Sanford & Tatum Insurance is one of the largest independent agencies in the Southwest.
“We are consistently focused on adding value to our clients and our team. This strategic partnership allows us to provide access to extensive expertise and resources throughout the Southwest. Through this partnership and the creation of HeritageRM, we provide access to new and innovative resources, expanding opportunities for growth both internally and externally. HeritageRM combines the legacy of two premier Independent Insurance Agencies in Texas, offering all our employees an exceptional opportunity for growth, yet preserving the service model, integrity and trust our clients have come to know and expect,” says Douglas Sanford, CIC, CRM, of Sanford & Tatum Insurance.
About NCW Insurance
NCW Insurance is a proud recipient of the Amarillo Chamber of Commerce “2015 Top Business Award”. On October 1, 1926, Jeff M. Neely, Sr. and Roy O. Greenhill partnered to create an independent insurance agency built on integrity, hard work, and great customer service. Since then, NCW has grown and evolved into one of the premier independent insurance agencies in Texas. Jeff Neely III is the third generation Neely in the agency and will lead the new organization as Co-CEO. In 1994, Kimberly Dryden became a partner of NCW with Johnathan Leonhart and Richard Walton becoming partners in 2015. Stephenie Owen, CPA joined the partnership January 1, 2016. With offices in Amarillo, Claude, Dalhart, and Fort Worth, NCW serves a wide variety of clients in industries across the board. For more information about NCW Insurance, a division of HeritageRM, visit us online at www.neely.com. The Corporate Office is located at 15 Medical Drive, Amarillo, Texas 806-376-6301.
Posted on January 19, 2016
by Elizabeth Carter filed under