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Patriot Progress as soon as once more is rising its presence within the New England area. The nationwide insurance coverage companies agency, via its New England partner FBinsure, introduced its acquisition of three Rhode Island insurance coverage businesses. The three businesses, Maggiacomo Insurance coverage, Hanuschak Insurance coverage, and Gilmartin Insurance coverage, all a part of the Rhode Island Insurance coverage Group, have agreed to affix the Patriot platform within the Northeast.
In commenting on the brand new additions, Nicole Martorana, President of FBinsure stated, “We’re excited to have the Maggiacomo, Hanuschak & Gilmartin Insurance coverage Companies be a part of the FBinsure crew. Now we have been searching for the appropriate companions in Rhode Island for a number of years and this group of like-minded businesses share our method to client-focused service and an appreciation for the Patriot mannequin. Becoming a member of FBinsure, alongside the crew at Patriot, displays a want to propel their businesses ahead whereas sustaining relationships and delivering extra to their purchasers. I’m assured this determination will strengthen our company and our presence throughout Southern New England.”
Additions carry a wealth of expertise to the Patriot Progress platform in New England
Every of the businesses becoming a member of FBinsure and Patriot Progress carry a decades-long family-owned legacy to the crew. Windfall’s Maggiacomo Insurance coverage was based within the early Thirties and is now underneath the management of third era proprietor Tom Maggiacomo. Warwick based mostly Gilmartin Insurance coverage, was based in 1960 by Joseph Gilmartin Jr. and has been led by Joesph (Joe) Gilmartin III since 1995. Lastly, Hanuschak Insurance coverage has been serving purchasers since 1954 and is underneath the management of Dave Hanuschak in Cumberland.
In 2005, the Rhode Island Insurance coverage Group was established “in 2005 “…to carry collectively the expertise and experience of a number of Rhode Island family-owned insurance coverage businesses into one dynamic firm serving the insurance coverage pursuits of Rhode Islanders and Southern New Englanders.” Collectively, the Rhode Island Insurance coverage Group offers private and industrial insurance coverage options to over 4,000 purchasers. The three company house owners and their crew of insurance coverage professionals have joined FBinsure, guaranteeing their purchasers expertise a easy transition and constant, acquainted service.
FBinsure’s double-digit acquisition listing since 2008
With the addition of those three Rhode Island-based businesses, Fbinsure has accomplished 17 company acquisitions since 2008. These additions will support its plans to proceed increasing the company’s footprint into Rhode Island whereas strengthening Patriot’s present property & casualty insurance coverage capabilities within the New England market.
About FBinsure:
FBinsure is an unbiased insurance coverage company in partnership with Patriot Progress Insurance coverage Providers, that gives tailor-made options for private and industrial insurance coverage wants. By means of understanding the distinctive wants of a person or enterprise and using progressive methods and expertise, FBinsure can supply superior insurance coverage packages and danger advisory companies.
The Company, which enjoys the celebrated 5-Star Company Designation℠ from the Massachusetts Affiliation of Insurance coverage Brokers, is dedicated to offering purchasers with the most effective insurance coverage worth and repair accessible whereas sustaining the very best moral requirements and credibility with purchasers, carriers, and the general public. The company has fourteen places serving Southeastern Massachusetts & Rhode Island in Taunton, Attleboro, Middleboro, Dighton, Rehoboth, East Freetown, New Bedford, Dartmouth, Fall River, Avon, Falmouth, Windfall, Warwick, and Cumberland. FBinsure has 145 staff and a shopper base of over 35,000 private and industrial purchasers.
About Patriot Progress Insurance coverage Providers
Based in 2019, Patriot is a growth-focused nationwide insurance coverage companies agency that companions with worker advantages and property and casualty businesses throughout the US. Patriot is ranked because the twenty sixth largest dealer within the U.S. by Enterprise Insurance coverage and has been named to the 2023 Inc. 5000 listing of fastest-growing corporations. With greater than 1,800 staff working in 132 places throughout 26 states, Patriot’s collaborative mannequin delivers assets and strategic assist to its businesses, whose leaders proceed to function with a excessive diploma of autonomy of their native markets. Patriot creates true alignment with its accomplice businesses, and its working philosophy fosters enhanced profession alternatives for its devoted {and professional} crew. Patriot is backed by GI Companions and Summit Companions. For extra data, please go to www.patriotgis.com.
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