Caribou insurer expands firm to Presque Isle

Posted Feb. 10, 2010, at 6:58 p.m.
Last modified Jan. 30, 2011, at 11:34 a.m.

PRESQUE ISLE, Maine — A 25-year-old Caribou business has announced its expansion to Presque Isle.

Brian Sipe, president of Gallagher Insurance Agency, said earlier this week the company has opened a second office at 551 Main St. in Presque Isle.

Sipe said the move was both a reaction to the needs of Gallagher’s current clients as well as an opportunity to reach a new group of individuals and businesses.

“We’ve been in Caribou for many years and the bulk of our clients are people and businesses that use Caribou as their base of activities,” he explained. “However, over the years we’ve gradually gained more Presque Isle-area business. We saw this as a chance to make it easier for our current clients to do business with us and as a real opportunity to expand our client base.”

Sipe added that he strongly believes that “in order to effectively do business in Presque Isle, we needed to have an office in the city.”

The choice of Presque Isle was an easy one, he said, as both Sipe and his wife, Elaine, grew up there. The couple currently live in Presque Isle, and their children go to school there.

There will be no changes at the Caribou office as a result of the expansion, according to Sipe.

“We are committed to being open and available to clients in both Caribou and Presque Isle,” he said. “Caribou is where the bulk of our current clients live and work and the Caribou community has been the core of our success. We just felt that if we were going to continue to be successful, we needed to make our products and our great staff more easily accessible to people.”

Gallagher Insurance is an independent agency, representing a number of different insurance companies including the Concord Group, Patrons Oxford, Countryway, North East, Foremost, Dairyland, Progressive and others. Jerry Gallagher established the company in 1985.

Sipe joined Gallagher as an agent in 1995 and became a partner a year later. In 2000, Sipe purchased the remainder of the business from Gallagher.

Gallagher Insurance employs six people. The new Presque Isle office is open from 8:30 a.m. to 4:30 p.m. Monday through Friday, and can be reached at 764-7555.

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