Eastern Insurance Group acquires Auburn Insurance Agency
Photo | Courtesy of Google
Eastern Insurance Agency in Natick
Eastern Insurance Group LLC of Natick, a subsidiary of Boston-based Eastern Bank, announced on Wednesday it has acquired the assets of Auburn Insurance Agency, Inc.
Auburn Insurance is a full-service, family-owned insurance agency founded by president Janice Ryan in 1982. The company specializes in complex commercial insurance coverage program placement and management, according to Eastern Insurance.
Financial terms were not disclosed, nor did Eastern mention if it would retain all of Auburn's employees.
“Eastern Insurance is well versed in program business and insuring complex insurance risks, and offers a wonderful platform and supporting resources to enhance our specialty offerings,” Ryan said in a statement. “We share a commitment to serving our customers with excellence and bringing good to the community, and I look forward to joining the team.”
WBJ Web Partners
Most Recent
Most Recent
0 Comments