Fairway Insurance Inc.

y was to offer full service to small commercial clients, writing property and casualty coverages together with group health and life. Personal coverages would also be offered to the owners of these businesses. Ventura, an avid golfer, suggested the name "Fair Lines" for the agency, indicating the fair insurance lines. Hollon countered with "Fairway" for the way the customers were to be treated (and yet still carry the golf connotation). Thus, the Fairway Executive Group Limited Partenership t/a Fairway Insurance Agency was created. In December of 1981, with an initial contribution of only $25.00 each, the partners began in a 100 square foot office at 7925 York Road in Towson, Maryland. Hollon developed medical problems and resigned from the business in February, 1982. Ventura, 27 years old at that time, was now the owner and sole stockholder. The company incorporated under the laws of Maryland in 1983. In 1985 the office moved to more spacious quarters at 7215 York Rd. acquired the Century Insurance Agency from the Century 21 Real Estate Company. The office was moved again to Dulaney Valley Road, in December, 1989. Due to production goals set by the agency management, premium volume doubled each year for five consecutive years. Volume rose due to our commitment of service to the clients. In 1987 an agency funded formal continuing education program was created for our staff. Fairway Insurance, Inc. reached an agreement to acquire the Columbia Insurance Associates effective July 1, 1991. In January, 1992, Mr. Ventura purchased our current headquarters building at 306 E. Pennsylvania Avenue in Towson. In October, 1994, Professional Insurance was acquired from H.L. Fairway acquired the William F. Appel Insurance Agency in March, 2002. Continued growth in the future through acquistions and mergers together with new business premiums will help to assure agency perpetuation.