Over
a Century of History
|
(Left to Right)
Mark Russo, Frank Picciurro, Jr.,
Edward "Ted" Maloy, IV, |
The history
of Russo Picciurro Maloy (RPM), and the entities from which we
were formed, spans over 100 collective years. The Russo-Picciurro
Agency was formed in 1976 with the merger of The Russo Agency,
founded in 1926 by James Russo and The Picciurro Agency, founded
in 1962 by Frank Picciurro, Sr. Prior to the 1976 merger the two
Staten Island firms were affiliated through their combined ownership
of Joint Agencies, LTD, creating one of the first insurance agency
“cluster” operations in North America. Through the
1980’s and 1990’s, the Russo-Picciurro Agency grew
predominantly through a mix of property and casualty business
with concentrations in select, main street type commercial business
and personal lines. Our strong agency relationships grew with
Aetna Casualty & Surety Company, The Travelers and Excelsior
Insurance Company.
In 1998 Russo-Picciurro
Agency, LLC acquired the insurance operations of Frank B. Sterner
and Company, Inc., which was founded on Staten Island, in 1913.
Frank B. Sterner & Company was a Staten Island independent
insurance agency with a reputation of maintaining high standards
of service to its property and casualty clients. These operations
were merged into Russo-Picciurro Agency LLC in May of 1998.
The Maloy
Agency, Inc., which was incorporated on Staten Island in 1918,
was acquired in 1999. At the time of its acquisition The Maloy
Agency, Inc. was one of the largest and most respected independent
insurance agencies in the New York metropolitan region. Its business
involved a large personal lines property and casualty operation
and a substantial commercial middle market property and casualty
department. The Maloy Agency successfully represented, among others,
Commercial Union, The St. Paul, Atlantic Mutual, New York Central
Mutual and Chubb. In September 1999, their operations were merged
into Russo-Picciurro Agency LLC and the trade names Russo Picciurro
Maloy and RPM Insurance Agency were created.
All
Under One Roof - All at RPM
Today RPM
Insurance Agency has become the largest independent insurance
agency on Staten Island. We are proud to serve thousands of
families and businesses in the greater Metropolitan area,
as we continue to grow and represent clients throughout the
US and abroad. Growing with the needs and demands of our clients,
we have significantly enhanced our business and the services
we offer. In 2005, we began offering commercial real estate
services through RPM
Real Estate Services Company,LLC (RPM RESCO).
Our core retail
insurance business continues to grow through the dedication and
professionalism of our employees and through our solid insurance
company and brokerage market relationships. We are currently the
only agency of this kind on Staten Island as we offer a multitude
of services, all under one roof. Our ambitious plan over the next
two to three years is to build and implement additional services,
creating a one-of-a-kind insurance and investment-planning center.
Our
Values. Our Mission.
Our
VALUES remain focused on earning
the impressive reputation we have built, as we continue our commitment
to protecting the most valuable assets of our clients.
Our
MISSION is to shape the future
of our industry by maintaining the highest level of professional
service, innovation and unparalleled expertise.
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