OSKALOOSA — MidWestOne Insurance Services was sold to Ratcliff & Blake Insurance Professionals, Inc.
In July of 2019, the four locations of MidWestOne Insurance Services, previously owned by MidWestOne Financial Group, were purchased by Ratcliff & Blake Insurance Professionals, Inc.. Ratcliff & Blake is owned by Billy Blake, president and Margaret Ratcliff, vice president.
The headquarters will be in Oskaloosa.
Blake is 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.
Ratcliff has 24 years' experience in the banking industry as well as a decade's worth of insurance experience prior to that. Ratcliff has been president of MidWestOne Insurance Services since 2012, leading staff to grow the Oskaloosa, Pella, Melbourne and Cedar Falls agencies.
Blake said Ratcliff & Blake Insurance Professionals, Inc., is 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,” he said.
Ratcliff said the move provides a "bright future for staff in Oskaloosa, Pella and Melbourne, who have a combined total of 139 years of experience."
The Pella and Melbourne agencies will continue at their current locations. Cedar Falls was also purchased. The Oskaloosa group will soon announce their new address.