Smith Brothers Insurance has acquired New York-based independent insurance broker Shank & Falvey Insurance, with locations in East Greenbush and Kinderhook.
The acquisition expands Smith Brothers’ footprint in upstate New York and allows Shank & Falvey to maintain local presence while leveraging the resources of Smith Brothers.
Shank & Falvey President Chuck Shank will be fully engaged in client service, business development and continue to serve clients with the same team of insurance professionals. All Shank & Falvey team members will be joining Smith Brothers.
Smith Brothers has more than 200 team members in locations across Connecticut, Massachusetts, New Jersey and New York. Founded in Hartford, Conn., in 1971 by brothers Bob and Brian Smith, it helps organizations and individuals manage risk, protect assets and grow.
Source: Smith Brothers Insurance
Topics Mergers & Acquisitions New York
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