Cross Insurance Partners with Connecticut’s DiMatteo Insurance

Cross Insurance, a subsidiary of Cross Financial Corp. based in Bangor, Maine, has partnered with DiMatteo Insurance of Shelton, Conn.

The DiMatteo family-owned agency handles all lines of business including employee benefits. Kim DiMatteo started working in the family insurance business in 1991 and was recently named branch manager of DiMatteo Insurance. She specializes in commercial insurance, specifically construction, contractors and real estate.

Previously referred to as DiMatteo Group, the business has spun off into three divisions: DiMatteo Insurance, which is overseen by Kim DiMatteo; DiMatteo Group-Financial LLC, headed by Kim’s husband, John DiMatteo; and DiMatteo Group-Tax and Accounting, managed by Rosemarie Esposito.

Other family members involved in the business include Loretta Lesko, who is a partner in the tax business as well as a training supervisor in the insurance division. Her husband, Robert Lesko, specializes in insurance sales and also is a partner in the tax division. A total of 25 employees from all of the divisions will remain at the group’s Shelton, Conn., location following the partnership.

Since its founding in 1954, Cross Insurance has grown through the acquisition of more than 100 insurance agencies throughout New England. The company now has 800 employees operating out of offices in Maine, New Hampshire, Rhode Island, Massachusetts and Connecticut.

Source: Cross Insurance

Topics Mergers & Acquisitions Connecticut