News

January 25, 2018

Nicoll & MacChesney Agency Joins Marshall & Sterling Insurance

Marshall & Sterling Insurance announced today the acquisition of Nicoll & MacChesney Insurance, an independent agency located in Troy, NY. Founded in 1964, Nicoll & MacChesney provides a broad range of personal and commercial insurance services throughout the Capital Region and eastern New York.

“We are pleased to now include Nicoll & MacChesney as part of our Marshall & Sterling organization”, commented Jeanne Maloy, Vice President of Marshall & Sterling Insurance. “Robert MacChesney and his staff will continue serving their clients with exemplary service and support as they have for over 50 years, only now they will be part of our much larger organization, with the ability to now offer their clients expanded services and a wider range of insurance carrier choices. We are excited that Marshall & Sterling will be part of the dynamic Troy, NY community.”

Nicoll & MacChesney’s current office, located at 2nd Street in downtown Troy, will remain open and operational, becoming Marshall & Sterling’s 16th branch location in New York State, and 24th overall. “Our goal has always been to provide exceptional service to our clients”, stated Robert MacChesney, President of Nicoll & MacChesney Insurance. “By joining Marshall & Sterling, we can enhance the services we currently provide to our customers, while at the same time now offer new services including group health and benefits programs, loss control, risk management, financial planning services and more.”

Founded in 1864, Marshall & Sterling Insurance is currently ranked 33rd among more than 40,000 privately held insurance agencies in the United States*, with total annual written premiums in excess of $900 million. An
100% employee-owned company with more than 450 insurance specialists in 24 branch offices in New York, California, Michigan, Florida, Virginia and the U.S. Virgin Islands, Marshall & Sterling has been recognized
for exceptional insurance services and best practices throughout the nation, and remains closely tied to the communities it serves.