Kaplansky swoops for Massachusetts firm


Kaplansky swoops for Massachusetts firm

Kaplansky Insurance, one of the largest independent, locally owned insurance agencies in the Northeast, has announced the acquisition of Bridge Insurance Associates, a Newton, Mass.-headquartered agency also known as Massinsurers.

Bridge Insurance Associates was founded by Gerald Baratz in the mid-1960s. It provides business, home and auto insurance.

“Our agency is proud of our history as an independent agency company and remains committed to the agency channel,” said Ely Kaplansky, president and CEO of Kaplansky Insurance. “Our success is rooted in providing products and services to our agency partners and policyholders, thereby gaining and holding their respect and loyalty. This acquisition is an exciting opportunity to strengthen our position within the independent agency channel while positioning us for future prosperity.”

Read next: Kaplansky swoops for John C. Gallagher Insurance

insurance,life insurance,health insurance,term insurance,insurance policy,whole life insurance,what is insurance,life insurance policy,car insurance,health insurance policy,home insurance,insurance claim,term life insurance,insurance agent,types of insurance,property insurance,insurance explained,insurance companies,home insurance policy,best health insurance,what is life insurance,health insurance in india,health insurance explained

Kaplansky Insurance will not retain Bridge’s existing location in Newton, and will instead merge the business into its Needham, Mass., headquarters.

With the acquisition of Bridge Insurance, Kaplansky has successfully acquired 40 independent insurance agencies during its four decades in business. Other Massachusetts acquisitions include Dorchester-based Judith M. Flynn Agency and Seekonk-based Russ Towers Agency.

Have something to say about this story? Let us know in the comments below.


Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblock Detected

Please consider supporting us by disabling your ad blocker