MADAWASKA, Maine – The F. A. Peabody Company (FAPCO) has announced the acquisition of the Andy Daigle Agency’s independent insurance business and office location in Madawaska. FAPCO will continue to operate the business from its current Main Street location in the heart of the downtown.
The agency business currently has one employee, Nicholas Thibodeau, a multi-line agent with over 10 years of experience selling and servicing personal, business and farm insurance. Plans are underway to hire additional support personnel to grow the agency immediately.
Daigle and his wife, Diane, started in the insurance business in 1989 by owning and operating a captive agricultural agency. In 2005, the need to diversify their offerings led them to form an independent agency, giving their loyal existing and new customers a variety of additional products. In 1993 Daigle became a Life Underwriters Training Council Fellow (LUTCF) from the National Association of Life Underwriters and earned his Certified Insurance Counselor designation in 1997. In 2008, he obtained the Farm Family Senior Agent award.
Over multiple years the Andy Daigle Agency earned Farm Family’s ‘Commitment to Profitable Growth’ award and a place in Farm Family’s All-American Agency category.
“Serving the insurance needs of the Saint John Valley and making sure our valued clients receive the coverage they need was our most important job,” said Daigle. “Our success was in direct relationship to the customers we served and we’re excited to pass the business on to a top agency like F. A. Peabody.”
This new Madawaska office will become FAPCO’s ninth retail location in Maine.
“We are honored to make an investment in the St. John Valley and become a partner in the community’s future development,” said Christopher Anderson, president. “Our strategy is simple: provide quality insurance advice, products and service with honesty and integrity at a fair price.”
