Kaplansky Insurance Acquires North State Insurance in Massachusetts

March 18, 2015

Kaplansky Insurance Agency, an independent agency headquartered in Needham, Massachusetts, recently announced that it has acquired North State Insurance Agency of Chelmsford, Massachusetts. Terms of the transaction were not disclosed.

North State Insurance Agency has been providing insurance services to local residents and businesses in Massachusetts and New Hampshire for over 50 years, Kaplansky Insurance said in its announcement. Michael Noone, vice president of operations for Kaplansky Insurance, and Pamela Ubele, branch manager of North State, will coordinate the merger.

Ely Kaplansky, president and CEO of Kaplansky Insurance who founded the firm in 1974, said his firm is continuing its search for profitable, quality agencies for its expansion. Kaplansky Insurance has acquired 20 agencies since its inception.

Kaplansky Insurance provides personal and commercial insurance services through 11 locations in eastern and central Massachusetts, insuring over 19,000 clients.

Topics Mergers Massachusetts

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