Pratt Insurance is celebrating its 130th year of servicing the insurance community. The agency, which has been in continuous operation since 1880, has grown to become an industry leader in providing a high level of personal and commercial lines, claims, and equine insurance. Previously located in downtown Smyrna on Commerce Street, the business moved in 1975 to a larger office south of town, near Garrison’s Lake, and the office has since been expanded.


Pratt Insurance is celebrating its 130th year of servicing the insurance community. The agency, which has been in continuous operation since 1880, has grown to become an industry leader in providing a high level of personal and commercial lines, claims, and equine insurance.

Howell F. Wallace, President of Pratt Insurance Inc., has led the company to its success since 1973. When he started with the business, he was Pratt’s sixth employee. Now the business employs a staff of 40.

Previously located in downtown Smyrna on Commerce Street, the business moved in 1975 to a larger office south of town, near Garrison’s Lake, and the office has since been expanded.

Wallace purchased 50% of the agency in 1976 and then acquired the remaining 50% in 1980.
He attributed much of his success to his staff, stating, “We are extremely fortunate to have what I believe, to be the most qualified and dedicated staff in the entire State of Delaware.”

Excellent service has been the key to the company’s longevity.

“We are committed to our clients, our community, and our staff,” said Wallace.