OSKALOOSA — Ratcliff & Blake Insurance Professionals, Inc. has purchased MidWestOne Insurance Services, effective July 1.
MidWestOne Insurance Services, previously owned by MidWestOne Financial Group, was based out of Iowa City with agencies located in Oskaloosa, Pella, Melbourne and Cedar Falls. Owned by President Billy Blake and Vice President Margaret Ratcliff, the company purchased all 4 locations, including headquarters in Oskaloosa.
A native of Oskaloosa and a graduate of the University of Iowa with a degree in Business Administration, Blake has been a commercial insurance agent for 12 years. He recently earned the coveted Chartered Property Casualty Underwriter designation and was named the 2017 Iowa Young Agent of the Year.
A volunteer with the local YMCA, Rotary, Young Agents of Iowa, Central Reformed Church and the William Penn Advisory Board, Blake looks forward to continuing to work with the area clientele he has been serving since joining MidWestOne in 2015.
With 24 years of experience in the banking industry and ten years in the insurance industry, Ratcliff has been president of MidWestOne Insurance Services since 2012, leading staff to grow the Oskaloosa, Pella, Melbourne and Cedar Falls agencies.
Ratcliff enjoys Rotary and serves on the North Mahaska Community School Board, Crisis Intervention Services Board and the Mahaska County Community Foundation Board. She recently served on the Oskaloosa Area Chamber and Development Group Board and has enjoyed working on community projects with clients and residents who are also committed to the future of Oskaloosa and Mahaska County.
“We are thankful for the move to local ownership, and for the opportunity to continue our relationships with clients who have been with the agency for many years,” said Blake.
“This also provides a bright future for staff in Oskaloosa, Pella and Melbourne, who have a combined total of 139 years of experience,” said Ratcliff.
The Pella and Melbourne agencies will continue at their current locations, and the Oskaloosa group will soon be announcing their new address.
Ratcliff & Blake Insurance Professionals is an Independent Agency, representing multiple carriers and writing all lines of insurance. This includes a niche market for Antique Aircraft through Butler Brown Insurance, which was also purchased with the insurance company.