Fairway Insurance Inc. primarily markets and services
small business owners, commercial and personal insurance needs. Fairway
is a closely held sub-chapter S corporation licensed to transact
property, casualty, life, health and bonds. The shares
are held by Michael G. Ventura.
Fairway Insurance Inc. is
licensed in the state of Maryland with non-resident licenses in
Pennsylvania, Delaware, Virginia, North Carolina and South Carolina. All staff members are currently licensed agents.
insurance agency operates from an 880 square foot office located at 306
E. Pennsylvania Avenue in downtown Towson, Md, which is owned by the
principal of our agency. We offer private parking for our clients, staff
and carrier representatives.
Fairway is dedicated to providing
insurance products at a fair price and delivering personal policyholder
service. We wish to establish a successful partnership with our clients,
staff members and our carriers that respects the interests and goals of
Success will be measured by our clients choosing us
because we meet or exceed their expectations of price, service and
We believe the keys to our success are:
Knowledgeable, friendly staff that can effect coverages in the best interest of the needs of our clients
in accordance with the underwriting guidelines of our carriers
Policies and endorsements delivered on time with minimal errors.
A commitment to an annual policy review for all of our clients.
Michael Ventura had a dream to form an insurance agency
where a client could purchase a good product at a fair price and also
receive a high level of policyholder service. With this in mind and his
dissatisfaction with the management style of some of Baltimore's oldest
and largest agencies, Ventura and Billy R. Hollon, a former loss control
specialist, set out to form their own agency. This company 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.
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. In July of 1987 Fairway Insurance, Inc. acquired the
Century Insurance Agency from the Century 21 Real Estate Company. The
office was moved again to Dulaney Valley Road, in December, 1989.
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.
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. Bass. Fairway acquired the William F. Appel Insurance Agency
in March, 2002. Continued growth in the future through acquisitions and
mergers together with new business premiums will help to assure agency