Long Island’s Bradley & Parker Acquires Profile Coverage

January 20, 2009

Syosset, New York-based insurance agency Bradley & Parker has acquired Profile Coverage Corp. and its affiliated companies, located in Ronkonkoma.

With roots going back to 1964, Profile Coverage Corp. is an all lines insurance agency offering risk management, commercial and personal property/casualty and all other insurance lines to its clients on Long Island and in the metropolitan New York area.

Profile Coverage Corp. will continue to operate in its current Ronkonkoma location and will become Bradley & Parker’s Suffolk County office.

In connection with the deal, Steve Fuoco will be vice president and branch manager and Lou Pellegrino, former president of Profile Coverage Corp. will remain as an executive consultant to Bradley & Parker.

Wayne Nowland, executive vice president of Bradley & Parker, said “the acquisition of Profile Coverage Corp. allows us to expand into Suffolk County and uniquely positions the combined firm to collectively better service our current clients and expand our client base by offering access to more insurance companies. Additionally, we are adding to our talent base of professionals through this acquisition.”

Source: Bradley & Parker

Topics Mergers

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