Kaplansky Insurance, an independent agency based in Needham, Massachusetts, announced that it has acquired Doherty & White Insurance Agency in Quincy, Massachusetts. Terms of the transaction were not disclosed.
Founded in 1983, Doherty & White Insurance Agency has been a family-owned and operated agency, offering insurance services for local residents and businesses.
Kaplansky Insurance provides personal and commercial insurance services through 11 locations in eastern and central Massachusetts, insuring approximately 24,000 clients.
Kaplansky Insurance was founded by President and CEO Ely Kaplansky in 1974. He said his agency continues to look for profitable, quality agencies for acquisitions. “We expect to continue to enhance our growth through both acquisitions and a strong focus on organic sales and marketing,” he said. Kaplansky Insurance has acquired 22 agencies since its inception.
Was this article valuable?
Here are more articles you may enjoy.
AIG to Acquire Renewal Rights of Everest’s Retail Commercial Business Worth $2B 
GEICO Sues Medical Firms in Florida, NY Over Alleged No-Fault Auto Fraud 
Catastrophe Bond Investors Told to Brace for Jamaica Payout 
Brown & Brown Reports Strong Q3 Revenue Growth of 35.4% 
