Univest Financial Corporation Expands Insurance Subsidiary Through Acquisition of Paul I. Sheaffer Insurance Agency
SOUDERTON, Pa., Dec. 01, 2021 (GLOBE NEWSWIRE) -- Univest Financial Corporation (NASDAQ:UVSP) and its insurance subsidiary, Univest Insurance, LLC, today announced the acquisition of the Paul I. Sheaffer Insurance Agency, a full-service firm providing insurance solutions to businesses and individuals in Central Pennsylvania. "For 70 years, the Paul I. Sheaffer Insurance Agency has served its clients with professionalism, dedication and trust. This approach aligns perfectly with our culture at Univest," said Ronald R. Flaherty, president of Univest Insurance, LLC. "As Univest continues to grow in Central Pennsylvania, the acquisition of the Paul I. Sheaffer Insurance Agency allows us t