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Allen Insurance and Financial history
Allen Insurance and Financial company history timeline
Allen Agency dates back to the year 1866 when it was organized by Wilder W. Perry.
The business known as the Allen Insurance Agency at that time was operated by J. Hugh Montgomery until his death in November 1953.
In January 1954, David H. Montgomery became the President and Treasurer of the Allen Insurance Agency.
In 1988, David H. Montgomery sold some of his stock in the agency to the Allen Agency Employee Stock Ownership Plan (ESOP), which had just been formed.
As of the first part of 1994, the Allen Agency ESOP had distributed all its stock to the employees, so that they owned just over 30% of the corporation.
In early 2001, the Allen Financial Group joined Commonwealth Financial Network in order to provide a truly independent and comprehensive approach to financial planning.
In November 2010, Allen Insurance and Financial purchased L.S. Robinson Co. insurance, a small independent agency on Main Street in Southwest Harbor.
In May 2012, Allen Insurance and Financial received a Maine Governor’s Award for Business Excellence.
In April 2013, Allen Insurance and Financial opened a new office at 156 High St in Belfast, Maine.
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Allen Insurance and Financial competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Charles L. Crane Agency | - | $18.0M | 200 | - |
| American Fidelity Life Insurance | - | $54.0M | 68 | - |
| The Assurance Group | 1987 | $12.0M | 50 | - |
| Fisher Agencies | 2009 | $2.2M | 50 | - |
| Colonial Life | 1939 | $960.0M | 950 | 5 |
| Altig - American Income Life Insurance Company | 1951 | $4.1M | 25 | - |
| Compass Insurance | 1915 | $8.5M | 150 | - |
| Nta Life | - | $14.9M | 100 | - |
| USI Affinity | 1905 | $580,000 | 50 | - |
| Security National Life | 1965 | $24.0M | 308 | 46 |
Allen Insurance and Financial history FAQs
Zippia gives an in-depth look into the details of Allen Insurance and Financial, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Allen Insurance and Financial. The employee data is based on information from people who have self-reported their past or current employments at Allen Insurance and Financial. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Allen Insurance and Financial. The data presented on this page does not represent the view of Allen Insurance and Financial and its employees or that of Zippia.
Allen Insurance and Financial may also be known as or be related to Allen Insurance And Financial and Allen Insurance and Financial.