Allen Agency dates back to the year 1866 when it was organized by Wilder W. Perry. George E. Allen purchased the business in 1902 and conducted insurance and real estate business at 11 Main Street in Camden until his son Hervey C. Allen, Jr., sold the business to J. Hugh Montgomery on July 1, 1935. The business known as the Allen Insurance Agency at that time was operated by J. Hugh Montgomery until his death in November 1953.
In January 1954, David H. Montgomery became the President and Treasurer of the Allen Insurance Agency. The corporate name was changed in June 1971, from Allen Insurance Agency to Allen Agency.
Stephen V. Crane joined the Allen Agency on September 5, 1980. Before he joined the Allen Agency, Steve was a partner in an insurance brokerage company in Caracas, Venezuela. Steve started with the Allen Agency as the Manager of the Camden office. On October 29, 1982, he was made Vice-President and on November 7, 1985, he was promoted to Executive Vice-President. At the annual Meeting in November 2003, Steve was elected Chairman of the Board and Treasurer of the corporation.
Sara K. Montgomery came to work for Allen Agency in October 1982. Sara had worked as a marketing representative for the Hartford Insurance Company in the western part of Massachusetts and Connecticut prior to coming to join the Allen Agency. In 1983, Sara was made a Vice President/Secretary of the corporation and in 2007 she was named Senior Vice President. Sara was the third generation of her family to work for the Company; she lost her battle with cancer on Aug. 3, 2013.
Gilbert T. Fifield came to work for Allen Agency on March 12, 1986 as a salesperson. Gil had previously worked as a producer in the Rockland office of the Fred S. James brokerage company. Allen Agency purchased the Fred S. James office in Rockland on September 1, 1986, and Gil was made Manager and Vice President. In November 2003, Gil was elected President/Treasurer of the corporation.
In 1988, David H. Montgomery sold some of his stock in the agency to the Allen Agency Employee Stock Ownership Plan (ESOP), which had just been formed. As of the first part of 1994, the Allen Agency ESOP had distributed all its stock to the employees, so that they now owned just over 30% of the corporation.
Peter M. Williams joined the Company in December 1989. Peter started his insurance career as a property and marine adjuster with General Adjustment Bureau and then with the Hartford Insurance Company as a staff adjuster. Peter is now a Company Vice President and a member of the Board of Directors.
J. Michael Pierce joined the Company in 1998 to serve as a Producer with Peter Van Alstine. A graduate of Kennebunk High School, Pierce is a graduate of Boston College and the Suffolk University Law School in Boston. His prior work experience includes designing and implementing employee benefit programs and 401(k) plans for businesses throughout New England as part of the Guardian Life Insurance Company. He also was a consultant for Coopers & Lybrand (now Price Waterhouse Coopers, LLP) in Boston, in their tax & financial planning division.
On January 1, 2001 Allen Agency and Peter Van Alstine merged their financial service, life, and group business to form Allen/Van Alstine Financial Group, a wholly owned division of Allen Agency. January 1, 2004 the division's name was changed to Allen Financial Group.
In early 2001, the Allen Financial Group joined Commonwealth Financial Network in order to provide a truly independent and comprehensive approach to financial planning. The Allen Financial Group believes that in order to provide world class service and guidance, an investment professional should be free from the influences present at many traditional Wall Street companies. Allen Agency opened a Thomaston, Maine office on October 1, 2002, extending services to more of Midcoast Maine.
On January 1, 2003, Michael Dufour joined Allen Agency as a producer, Vice President, and member of the Company's management team.
In September 2005, Allen Agency opened an employee benefit office in Saco. This office closed five years later with the Insured Benefits Department consolidation in Camden.
In April 2008, we consolidated the Thomaston office into our Rockland office. This gave us a great opportunity to reorganize our Personal Lines departments in Camden and Rockland. Each office has a team of working to service clients. Our goal is to be the best personal lines team in Maine.
In late 2009, the Company adopted the d/b/a "Allen Insurance and Financial," bringing together Allen Agency and Allen Financial Group into a single name and a single logo, both describing the complete range of services we offer. The Company website was redesigned at this time.
In November 2010, Allen Insurance and Financial purchased L.S. Robinson Co. insurance, a small independent agency on Main Street in Southwest Harbor. We gave L.S. Robinson a new logo, which ties our branding together and indicates the office is a division of Allen Insurance and Financial, but for the immediate future, the Company's Southwest Harbor office will continue to operate under the d/b/a name L.S. Robinson.
On Jan. 1, 2012, Mike Pierce succeeded Gil Fifield as Company President and Treasurer and Mike Dufour was named Executive Vice President.
The growth of our company over the years would not have been possible without the dedicated efforts of all of our employees. Each employee has a responsibility to provide insurance protection for our clients in a thoughtful, friendly, professional way, as well as to carry out the responsibility to our insurance companies by providing them with a book of profitable insurance business.
Our general philosophy is that the client comes first and we will use our imagination and insurance professionalism to provide the client with the finest insurance program possible at the least possible cost commensurate with good insurance practice. Also, we will always have the interest of the insurance companies we represent in mind and always present them with complete and accurate information on any risk that they insure for us. This has been our philosophy over the years and it has served us well.
In April 2013, Allen Insurance and Financial opened a new office at 156 High Street in Belfast, Maine. In 2016, we will proudly celebrate 150 years of service.