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Merchants Insurance Group Named a 2021 Top Private Company by Buffalo Business First

We are honored to be named a “Top Private Company” by Buffalo’s Business First, the business journal covering Western New York. Merchants ranked number 5 out of 54 companies.

The results, which consist of financial data collected from 2020, show corporate growth in total revenues of approximately $27 million, or 7%, compared to 2019.

The list is comprised of Western New York-headquartered private companies that agreed to have their financial records reviewed by CPAs at Dopkins and Company LLP. The company list was published in the October 29th edition of “Business First”.


“Merchants is proud to be part of this prestigious list of Buffalo Private Companies,” stated Charles Makey, President of Merchants Insurance Group. “We have been operating in downtown Buffalo for more than 103 years and attribute our long term success to our strong independent insurance agency partnerships, policyholders, and dedicated colleagues. We have been able to maintain superior service to our policyholders and agents which has allowed Merchants to continue growing through the pandemic. We are honored to be recognized as a top private company in Buffalo.”

Erica Dalton

Merchants Insurance Group

Merchants Insurance Group sells its products through a network of more than 1,000 independent insurance agents in Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, and Vermont. We sell our products through independent insurance agents because we believe they provide value to policyholders through their broad range of products and their insurance expertise.