AMHERST, N.Y. - Warren-Hoffman & Associates Inc., an insurance agency owned by First Niagara Bank, has completed its purchase of Allied Claim Services Inc. of Cheektowaga, N.Y.
Allied will be a subsidiary of Warren-Hoffman. Gregory J. Dendler will continue as Allied's president and Patrick H. Dendler will retain his title of senior vice president. The buyer's chief executive officer, John Hoffman, will also be CEO of Allied.
The price of the deal, which was announced Dec. 22, was not disclosed. The deal's completion was announced Wednesday.
Allied Claim Services has clients in western New York, the Midwest and the mid-Atlantic. It represents insurance companies and self-insured employers in the investigation, settlement, and administration of claims brought under an insurance contract. It focuses on workers' compensation, automobile, general liability, and property claims.
Warren-Hoffman sells personal and commercial insurance, surety bonds, risk management, employee benefits and life, disability and long-term-care coverage. The agency and its parent are part of $2.6 billion-asset First Niagara Financial Group Inc., a bank holding company in the Buffalo suburb of Lockport.
First Niagara Financial Group is also the parent of Cortland Savings Bank and Cayuga Bank and has 36 banking offices, all in New York.
