By Jennifer Eisenbart
Editor
Oldenburg Insurance in Burlington made it official Tuesday afternoon, announcing a planned merger with Ansay & Associates.
The Port Washington-based company now has nine offices in the state, but Burlington is the furthest southeast. The company also has locations in West Bend and the Fox Valley/Green Bay area.
The firm’s signs will be adjusted to read, “Oldenburg Insurance Division of Ansay & Associates.” In a press release the company referred to Oldenburg Insurance as its Burlington branch.
“This strategic move continues Ansay & Associates vision of being a statewide insurance and employee benefits advisor helping our personal and commercial clients secure, protect and grow their versions of the American dream,” said CEO Mike Ansay.
But while Ansay looked at the situation from his company’s gain, Oldenburg Insurance owner Dave Oldenburg was happy with what the merger would do for his firm.
“We were looking for more markets,” said Oldenburg on Tuesday. “That’s a big thing.
“For our customers, basically…it means more companies,” said Oldenburg. The merger will offer more companies for the agency to access, and therefore, keep rates competitive, he hoped.
“A lot of the resources Ansay has are some of the largest insurance companies in America,” Oldenburg said. “They are very financial sound, with diverse product.”
Oldenburg said there would be no staff changes in Burlington because of the merger.
“If we didn’t tell them we were partnering with Ansay, they wouldn’t know the difference,” Oldenburg explained. “They’re pretty much letting us do what we’ve done well since 1987.”
The company serves more than 5,000 Wisconsin businesses and 15,000 personal lines customers.