Plymouth Rock Assurance has agreed to expand its investment in the motorcycle insurance segment with the acquisition of Rider Insurance Company, subject to regulatory approvals.
A New Jersey-based motorcycle insurance carrier with $21 million in annual premiums, Rider Insurance was founded by a motorcycle enthusiast and has been committed to protecting fellow riders for nearly 50 years, according to a Plymouth Rock press release.
The acquisition creates an opportunity for Plymouth Rock to invest more deeply in the motorcycle insurance segment, while also allowing the company to market its auto and home insurance products to Rider customers, the release stated.
The transaction is subject to approval by the New Jersey Department of Banking and Insurance.
Source: The Plymouth Rock Group of Companies
Was this article valuable?
Here are more articles you may enjoy.
Adjusters Launch ‘CarFax for Insurance Claims’ to Vet Carriers’ Damage Estimates 
Expense Ratio Analysis: AI, Remote Work Drive Better P/C Insurer Results 
10 Highest Class-Action Settlements in 2025 Eclipsed $70B Total: Duane Morris 
Wildfires, Storms Fuel 2025 Insured Losses of $108 Billion: Munich Re Report 
