MARIETTA, Ohio – Peoples Insurance Agency, a subsidiary of Peoples Bank (NASDAQ: PEBO), recently acquired Patrick Consulting Services, LLC located in Piketon, Ohio.
Patrick Consulting Services was started by Rick Patrick in 2005 to meet the needs of Piketon area employers. The firm is a group benefits and third-party administration provider and consultant specializing in group benefits including Health Reimbursement Arrangements, Medical Expense Reimbursement Programs, COBRA administration, and Affordable Care Act compliance.
“We’re excited to serve the customers and communities of Patrick Consulting Services and to enhance our presence in western Ohio,” said Tyler Wilcox, President, Peoples Insurance Agency. “We look forward to providing our new clients with an expanded portfolio of insurance products and the superior customer service they are accustomed to receiving from Patrick Consulting.”
“We are thrilled to join Peoples Insurance Agency,” stated Rick Patrick. “This acquisition will create the opportunity to extend our services throughout the Peoples Insurance Agency network of clients in Ohio, West Virginia and Kentucky,” Patrick added.
<em>A subsidiary of Peoples Bank, a strong, diversified financial institution with a 115 year tradition, Peoples Insurance Agency, offers a complete line of insurance coverage and services for consumers and businesses in the communities in which they are located.</em>