Bailey Place Insurance Agency in Cortland has moved to acquire The Cotterill Agency in Dryden.
Stephen Franco President of the Bailey Place Insurance announced the merger Tuesday.
Bailey Place has purchased the Cotterill office building and will be relocating their Dryden branch to the Cotterill building after completing some renovation work in early 2016.
Doug and Brad Cotterill will remain involved during the transition and two of their long-time employees, Veronica Hall, and Chrystle Terwilliger will be joining the Bailey Place team.
Bailey Place Insurance has offices in Cortland, Dryden, and Lansing. The company employs 25 people.