Merger offers new services, location
Shepherd Insurance recently acquired Fisher & Associates Insurance Agency of Noblesville. The team will now be operating as Shepherd Insurance from its existing office at 1212 Westfield Rd. The merger became official on Dec. 30.
This latest merger strengthens Shepherd Insurance’s position as one of the state’s largest privately owned independent insurance agencies. The Noblesville office will become the company’s sixth location and the second in Hamilton County. Quinn Shepherd said the company has 12 employees who live in Noblesville.
“We feel like we’ve been up here for a long time,” he said. “We’re staying local, doing business local. There is a sophisticated group of people in Noblesville. They know good service models.”
Deirdre Fisher has 28 years of experience in the insurance industry.
“I was looking for a support system to move forward and continue to grow in the insurance industry,” she said. “I’m looking out for my clients.”
Fisher said she spent six months looking for better products, services and support services to grow her agency.
“We felt a good connect with Shepherd and the people at Shepherd,” she said. “Even though they are large, they are very similar to our setting – family, team feel. I was most comfortable with them.
“Every acquisition has been part of our business model. A lot of agencies had our culture and wanted to grow and develop for customer base – owners always had customers in mind,” Shepherd said.
Shepherd said Fisher’s customers should see “zero disruption” as the merger process moves forward. Plans call for a growth in staff at the Noblesville office and the merger will remove the burden of administration and payroll.
“It gives them more time to concentrate on customers,” Shepherd said.
“Our customers are going to benefit from more carriers for their business needs – things a small agency doesn’t have the resources to offer,” Fisher said.
Shepherd Insurance is a family-owned business founded by Dave Shepherd in 1977 and headquartered in Carmel. Shepherd specializes in personal and commercial insurance, employee benefits and financial products.
“We started out of a garage,” Shepherd said.
Shepherd Insurance has locations in Columbus, Greenfield, Evansville, Noblesville and Seymour. Shepherd said the next acquisition will be in Fort Wayne.
“We’re 80 percent done with the deal,” he said. “We’re actively looking for agencies.”
For more information, visit www.shepherdins.com.