Eastern Insurance Acquires Rosemary Walker Agency in Massachusetts

January 29, 2009

Natick, Massachusetts-based Eastern Insurance Group has acquired Rosemary Walker Insurance Agency in Danvers.

Terms of the deal were not disclosed.

Rosemary Walker was founded in 1970. Eastern said the acquisition will increase its customer base north of Boston, where it already has eight locations.

In the last year, Eastern has added four new locations in Danvers, Northborough, Norwell and Warwick, R.I. In all, Natick-based Eastern Insurance has 27 locations in eastern and central Massachusetts and parts of Connecticut, New Hampshire and Rhode Island making it New England’s largest independent insurance agency.

Eastern Insurance is a subsidiary of Eastern Bank, the largest independent, mutually owned bank in New England.

Source: Eastern Insurance Group

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