Ashley & Associates Insurance Agency, Inc.

Ashley & Associates Insurance Agency, Inc. specializes in providing diverse insurance solutions for individuals and businesses, focusing on risk management and financial protection services. Founded in 1994, Ashley & Associates Insurance Agency, Inc. operates from Norfolk, US, delivering tailored insurance services.

The agency was acquired by Choice Financial Group, LLC in October 2021 to enhance its product offerings. The founder's previous history and experience are not available, nor details of any other subsidiaries. Ashley & Associates Insurance Agency, Inc. offers a comprehensive range of personal and business insurance solutions, including auto, home, renters, personal umbrella, general liability, commercial auto, and workers’ compensation insurance.

Their services cater to individual consumers and small to medium-sized enterprises primarily within Virginia, while also targeting potential clients nationwide, expanding their service capacity through partnerships. The agency generates revenue through direct transactions with clients, operating on a commission-based structure from policy premiums. Each insurance policy is designed to provide specific coverage levels, with clients paying annual or monthly premiums based on their chosen coverage. This model allows for flexibility and customization according to individual or business needs, further bolstered by offering tailored employee benefits and health insurance plans.

Following its acquisition by Choice Financial Group, LLC in October 2021, Ashley & Associates Insurance Agency, Inc. aims to expand its offerings and penetrate new markets. Specific plans for geographic expansion have not been disclosed, but the acquisition supports broader service capabilities. The rationale behind this strategic move is to enhance the overall product range available to clients.