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Stock impact report

Univest Financial Corporation Expands Insurance Subsidiary Through Acquisition of Paul I. Sheaffer Insurance Agency

Univest Financial Corporation (UVSP) 
Last univest financial corporation earnings: 4/22 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.univest.net
Company Research Source: GlobeNewswire
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 to better serve the insurance needs of businesses and individuals in the region. We are excited to welcome this experienced team of professionals committed to serving the local community to the Univest family.” The Paul I. Sheaffer Insurance Agency was founded by Paul I. Sheaffer in 1951. Unde Show less Read more
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