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Buffalo Business First Names Merchants Among “Western New York’s Top Private Companies”

Merchants Insurance Group has been recognized as one of “Western New York’s Top Private Companies,” according Buffalo Business First, for the fourth consecutive year.

Merchants ranked fifth out of 49 private companies on this year’s list. The 2022 results, which consist of financial data collected from 2021, show corporate growth in total revenues of approximately $43 million, or 10.6%, compared to 2020.


“We are proud to be a part of this impressive list of Buffalo private companies. Merchants Insurance has a long history in Buffalo. In 2023, we will be celebrating the 105th Anniversary of our Corporate headquarters being located in downtown Buffalo. Our long-term success can be attributed to our dedicated colleagues, strong independent agency partnerships, and loyal policyholders. We appreciate all the support and look forward to continued success in Western New York!”

– Charles E. Makey, III, President of Merchants Insurance Group


The list is comprised of Western New York-headquartered private companies that agreed to have their financial records reviewed by certified public accountants (CPAs) at Dopkins and Company LLP.

Buffalo Business First published “Western New York’s Top Private Companies,” in the November 25th edition of the publication.

To view the complete list, visit

Katherine Trautwein

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.