FBinsure, an independent insurance agency based in Taunton, Massachusetts, announced its acquisition of Gramlich Insurance Agency, an independent agency in New Bedford, Massachusetts. The terms of the transaction were not disclosed.
Ray Gramlich, president of Gramlich Insurance Agency, will be staying on with FBinsure to run New Bedford operations, manage the transition of Gramlich Insurance Agency to the FBinsure brand, and continue to work with his 1,400 clients.
With the addition of Gramlich Insurance Agency, FBinsure now has seven locations throughout Bristol and Plymouth Counties including offices in Taunton, Attleboro, Middleboro, Dighton, Rehoboth, East Freetown, and New Bedford.
FBinsure is an independent insurance agency, partnered with Bristol County Savings Bank, that provides personal and commercial insurance services. FBinsure has 80 employees and a client base of over 20,000 personal and commercial clients.
Was this article valuable?
Here are more articles you may enjoy.
Judge Awards Applied Systems Preliminary Injunction Against Comulate
AI Needs Its Own Risk Class: Lockton Re
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions
CFC Owners Said to Tap Banks for Sale, IPO of £5 Billion Insurer 

