Price & Ramey acquires Alexander Insurance Co.
Published 4:00 pm Friday, April 1, 2022
As a result of COVID, in 2020 the Price & Ramey Group made the difficult decision to temporarily close its Elizabethton branch office due to reduced in-person client demands and to allow staff to safely work from home. However, for Price & Ramey, reopening in the Elizabethton community was never a question of if, but when.
With its acquisition of Alexander Insurance Agency, Price & Ramey Insurance Group is reaffirming its commitment to the Elizabethton area. Combining the Alexander Agency’s 72-year history with Price & Ramey’s 108 years of service in the Tri-Cities, a great legacy of quality insurance and customer service will continue in Elizabethton.
“Price & Ramey has been headquartered in Kingsport since 1914. We have enjoyed insuring and serving our neighbors throughout the Tri-Cities and the East TN region for over a century. After closing our Elizabethton location back in 2020, we are excited to finally get back to Elk Avenue,” states Linda Nichols, CEO of Price & Ramey Insurance Group.
“We’re beyond thrilled to announce this acquisition. We have always had a great working relationship with Mr. Alexander and he has always had our utmost respect and admiration. Our companies have always worked closely together, first between Mr. Alexander and Joe Wimberly, then later my father Keith Sims. I can think of no better way to reopen in the Elizabethton area than to combine the legacies of two of the most prestigious and established agencies in the region. We are looking forward to serving this community into the future,” adds Aaron Sims, Chairman, Price & Ramey Insurance Group.
The transition will occur slowly over the next few months, however, all Alexander Insurance Agency clients can expect that the same great coverage and service will remain.
“Price & Ramey deeply values the culture and the business that Joe Alexander and his family have built over the years, and are excited to continue that same level of service. With additional investment, support staff, technology solutions, and other expertise, Price & Ramey aims to continue the customer service the clients know and love,” said Kellie Weaver, Director of Operations, Price & Ramey Insurance Group.