Northeastern Insurance Named Agent of the Year by Merchants Insurance Group
Northeastern Insurance has been named Merchants Insurance Group's Agent of the Year for 2025, an esteemed accolade recognizing exceptional performance and service excellence in the insurance industry. This annual honor highlights an agency's consistent growth, profitability, and alignment with Merchants Insurance's core values of integrity, respect, and teamwork. Merchants Insurance Group collaborates with over 1,000 independent agents across states like Massachusetts, New York, and Pennsylvania.
Charles Makey III, President and CEO of Merchants Insurance Group, stated, "Northeastern Insurance exemplifies what it means to be a true partner." The agency's dedication to client relationships, strong trust structure, and alignment with Merchants reflects its commitment to setting high standards across the company's independent agent network.
Founded in 2013 in Latham, New York, by Michael and Joseph Venezio, Northeastern Insurance has cemented its presence in New York's Capital Region. The agency is frequently recognized for its noteworthy growth and profitability, consistently ranking among the Top 10 Largest P&C Agencies and Fastest Growing Companies in the region.
Mike Wolfe, Senior Vice President of Regional Operations at Merchants Insurance Group, highlighted Northeastern's balanced growth, emphasizing its disciplined underwriting and commitment to quality business. Since partnering with Merchants in 2019, Northeastern has achieved substantial growth in written premiums with commendable loss ratios, showcasing their robust market position.
The Western Strategic Business Center (WSBC) nominated Northeastern Insurance for the award, citing the agency’s impressive achievements and seamless collaboration. Frank Simpson, Regional Vice President of WSBC, praised their collaborative approach, marking their dedication through direct client engagement and presentations.
Beyond its business acumen, Northeastern Insurance prioritizes community engagement, running an annual week-long volunteering initiative supporting local nonprofits. This effort, involving organizations such as the Veterans Miracle Center and the Regional Food Bank of Northeastern New York, has bolstered the agency's social responsibility reputation.
The recognition was celebrated at a luncheon on March 31, 2026. Michael Venezio, President & CEO of Northeastern Insurance, expressed gratitude, attributing their success to teamwork and a client-centric approach. Looking forward, Northeastern Insurance continues to thrive with a focus on client and community engagement, embodying Merchants Insurance Group's ideals, suggesting ongoing regional growth and influence.