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

On the 2023 list, Merchants ranked fifth out of 51 private companies. This year’s results, which consist of financial data collected from 2022, show corporate growth in total revenues of approximately $30.7 million, or 6.8%, compared to 2021.

“We are proud to be a part of this impressive list of Buffalo private companies. Merchants Insurance has a long history in Buffalo. Our 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 “Top Private Companies” 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 24th edition of the publication.

To view the complete list, visit https://www.bizjournals.com/buffalo/.

Western New York's Top Private Companies logo, three green boxes

Katherine Trautwein

Merchants Insurance Group

Founded in downtown Buffalo, New York in 1918, Merchants Insurance Group is a leading regional property and casualty insurance carrier specializing in commercial lines. Merchants partners exclusively with independent insurance agents because they have the expertise to match the company’s portfolio of quality products, and to ensure customers’ assets are properly protected. The large network of Merchants’ independent agent partners spans across Massachusetts, Michigan, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, and Vermont.