Starkweather & Shepley Insurance Brokerage Inc. (S&S), an East Providence, R.I.-headquartered independent insurance agency, has acquired the independent insurance agency McGrath Insurance Group, operating in Sturbridge and Spencer, Mass.
“The goals for McGrath’s acquisition with Starkweather & Shepley are to leverage the resources S&S has in such a way as to further improve service and insurance design for each insured as well to further expand our collective footprint in Central and Western Massachusetts,” said Richard McGrath in a press release issued by S&S announcing the acquisition.
McGrath merging with S&S further expands the agency’s commitment to Massachusetts and Sturbridge, where S&S already has a local office. The McGrath team believes that by aligning with S&S, it will be able further develop its areas of specialization, according to the release. Going forward, the firm will operate as the McGrath Insurance Agency, a division of Starkweather & Shepley.
Source: Starkweather & Shepley Insurance Brokerage Inc.
Was this article valuable?
Here are more articles you may enjoy.
Study Suggests Federal Action to Realize Insurance Savings 
No, Florida Lawmakers Did Not Repeal the No-Fault Auto Insurance Law 
Berkshire CEO Abel Says Insurance Becoming Increasingly Competitive 
Grant Thornton: Insurers See AI Gains but Face Governance Gap 
