Towne Insurance Announces Raleigh Expansion and Office Relocation

FOR IMMEDIATE RELEASE

Raleigh, NC – Towne Insurance is pleased to announce the expansion and relocation of its Raleigh office to 4515 Falls of Neuse Road, Suite 300 in north Raleigh as it continues to grow its presence in the region.

Members of both the Stan Taylor Group and The Clement Companies, which joined Towne Insurance in 2011 and 2012 respectively, have moved to the new location. The Stan Taylor Group at 3826 Bland Road, and The Clement Companies at 51 Kilmayne Drive in Cary, will be a part of the relocation. They will have space adjacent to Towne Mortgage loan officers at their new location. The move accommodates both the recent growth and success of the team.

“Fallon Hanley, Paul Simson, Jim Clement and their highly experienced and skilled team have built a solid reputation for extraordinary service to their clients. The new space will allow Towne Insurance to continue hiring and expanding our presence in the market, while providing close proximity to Raleigh’s professional community. We look forward to a long and successful future in the greater Raleigh area,” commented Dudley Fulton, President and CEO of Towne Insurance.

Additionally, William “Bill” T. Hodsden, Jr., will relocate to the Raleigh office from Virginia, where he has worked for Towne Insurance for eight years. He is a graduate of East Carolina University with 12 years industry experience. Hodsden is also a Certified Builders Insurance Agent (CBIA) and a Commercial Lines Coverage Specialist (CLCS). He will continue to manage his current portfolio and work with clients in both the Raleigh and Virginia Beach territories.

Towne Insurance, a wholly owned subsidiary of TowneBank, is a premier independent insurance agency providing comprehensive solutions and risk management programs to businesses of all sizes, including property and casualty insurance, workers’ compensation, bonding, employee benefits and more. Additionally, personal lines agents specialize in home, auto, umbrella and flood insurance. Towne Insurance has been ranked a Top 100 insurance broker in the U.S by Business Insurance magazine based on total revenue and is recognized as a ‘Best Practices Agency’ by the Independent Insurance Agents & Brokers of America (IIABA) and Reagan Consulting. Headquartered in Hampton Roads in southeastern Virginia, and serving communities from Northern Virginia, to Wilmington, North Carolina, Towne’s 200 experienced professionals work with the nation’s top-rated providers to find members the right coverage at a competitive price. For more information, visit www.TowneInsurance.com.

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