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Georgia Insurance Agencies WS Pharr & Co. and PointeNorth Insurance Group to Merge

ATLANTA, Dec. 18, 2012 (GLOBE NEWSWIRE) -- PointeNorth Insurance Group and WS Pharr & Co. are joining forces.

Effective Feb. 1, 2013, the company will operate as PointeNorth Insurance Group.

Along with a highly regarded middle market commercial insurance practice, WS Pharr & Co. brings an additional location in Columbus, Georgia. Operating throughout the southeast, the agency has a robust portfolio of commercial insurance programs that provide unique solutions for its commercial clientele.

"With WS Pharr & Co's strong middle market practice, we continue to expand our presence and expertise in commercial markets," said PointeNorth CEO Bill Skeeles.

WS Pharr & Co., founded in 1988 by William S. Pharr a recognized insurance and business leader in the greater Atlanta area, will combine its operations with PointeNorth forming one of Atlanta's largest locally owned independent insurers, with more than 40,000 clients and offices in Atlanta, Decatur, Alpharetta and Columbus.

"Our combined talent and market presence will make us a very formidable agency in Atlanta and the Southeast," said Pharr President, Will Pharr. "We share the philosophy of being trusted consultants to our clients," Pharr added. "We also share the philosophy that in order to do that, we must be locally owned and operated."

Pharr will continue as a shareholder, serve as a Senior Vice President of PointeNorth and President of the WS Pharr middle market programs. He joins PointeNorth with other WS Pharr principals, George Boudoucies, Joe Mendenhall, Fred Mitchell, and Bob Fyfe, who will serve as vice presidents.

"PointeNorth Insurance Group, is committed to the independent agency system and is positioned to continue to acquire and merge like- minded insurance professionals to become the premier locally owned Independent Agencies in the markets we serve," concluded Skeeles. "We spent the last year working on a capital structure that will accelerate our growth strategy. With capital in place, we create additional opportunities for partnering agencies and their employees. Our 24 month goal is to double our size while creating a stable and competitive market for our clients and partners."

For more information, visit www.PointeNorthins.com.

Media contact:
Kat Greene
Trio Media Group
kat@triomediagroup.com

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Source:PointeNorth Insurance Group