The Northern United Agents Alliance (NUAA), an independent agency partnership based in New Hampshire, has teamed up with a group benefits/financial consulting firm to launch a new property/casualty agency.
NUAA said early this month that it has partnered with Scarafoni Financial Group of Pittsfield, Mass., to start Berkshire Fairfield Insurance Agency. The new agency, based in Pittsfield, Mass., will offer a wide range of property/casualty insurance products and risk management services.
NUAA and Scarafoni Financial Group will have joint ownership of the new agency, which now has five employees. Scarafoni Financial Group offers group benefits, business continuation/estate planning, and retirement and long-term care planning services.
Scarafoni Financial Group said it has been planning to expand into P/C insurance services and that its partnership with NUAA has lowered the barriers to entry for the company.
Headquartered in Concord, N.H., NUAA is an alliance of independent insurance agents dedicated to providing client service through their strong affiliation with their insurance carrier partners. It currently has nine member agencies. The partnership has over $200 million in premium writings since forming in late 2011.