Cross Insurance has expanded its presence in western Massachusetts, New York and southern Vermont with the purchase of Pittsfield, Massachusetts-based independent insurance agencyBardwell, Bowlby & Karam,which has been serving the Berkshire area for 100 years.
Terms of the acquisition are not being disclosed.
Bardwell, Bowlby & Karam is a regional property/casualty retail insurance agency providing commercial and personal insurance, along with financial services and risk management.
Under terms of the acquisition, Bardwell, Bowlby & Karam will continue under the same leadership and staff, and join forces with Cross Surety Inc., to offer bonding services for its clients. Michelle Orlando will oversee the combined insurance and bonding operation as president. Ed Chagnon will continue to run the commercial insurance operations, and Ed O’Brien continues managing the personal lines insurance operations.
Founded in 1954, Cross Insurance has grown from a small, family-owned and operated insurance agency based in Bangor, Maine, into one of the largest insurance providers in New England with 700 employees in more than 35 offices in the region.
Topics Mergers & Acquisitions
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