Wallace & Turner Acquires Guarantee Insurance Agency

View media coverage on the acquisition:

Springfield News-Sun

Dayton Business Journal

Insurance Journal


Wallace & Turner Acquires Guarantee Insurance Agency

Patrick Field, P.J. Miller, Gaylee Ross, Jim Ross

Wallace & Turner, Inc., Springfield and Urbana, Ohio’s largest, locally owned independent insurance agency, announced the acquisition of Guarantee Insurance Agency, effective January 1, 2022. Founded in 1907, Guarantee Insurance has been operated by Jim and Gaylee Ross for over 25 years, offering personal, business and life coverage to the Springfield community.

“Acquiring Guarantee Insurance is a natural fit for us because we offer the same lines of coverage and represent the same carriers. This will ensure a seamless transition for Guarantee’s insureds,” said Patrick Field, President of Wallace & Turner. “We are honored that Jim and Gaylee have entrusted their clients to our care and we wish them all the best in their much deserved retirement.”

“Gaylee and I have known the Wallace & Turner team for many years as friends and colleagues, so when the opportunity arose to sell our agency, they were the immediate choice,” commented Jim Ross. “Wallace & Turner is considered to be one of the top insurance agencies in Southwest Ohio based on their client-centric approach and commitment to the community – a philosophy we both share. We are confident they will provide the same level of service our insureds have relied on for decades at Guarantee Insurance.”

Guarantee Insurance Agency

About Wallace & Turner, Inc.

Wallace & Turner has operated locally in Springfield, Ohio since 1870, providing comprehensive insurance services, including personal, business and life & health coverage. As an independent insurance agency, Wallace & Turner works with a range of top-rated carriers which means clients receive cost-effective insurance options tailored to their needs. The agency is a long-standing member of Associated Risk Managers International, Keystone Insurers Group, Trusted Choice, Ohio Insurance Agents Association and Independent Insurance Agents Association, both in Ohio and nationally. Wallace & Turner employs seasoned insurance professionals with offices in Springfield and Urbana. Connect with the agency on Facebook, Twitter and LinkedIn.