Massachusetts-based Schrager Hampson Aviation Insurance Group reports it has acquired Northeast Aviation & Marine Insurance Brokers of Schenectady, New York.
Northeast Aviation & Marine handles aviation including international cargo, warehousing, passenger/excursion vessels, commercial fishing vessels, tugs, barges, private yachts, marinas, boat dealers and personal watercraft.
The acquisition is aviation specialist Schrager Hampson’s fifth aviation insurance acquisition.
Northeast Aviation & Marine was a subsidiary of Sykes- Mallia Associates, Inc., a commercial and personal lines agency. Jack Mallia, whose father founded the family’s agency, has now joined Schrager Hampson Aviation Insurance Group. Mallia’s experience with aviation risks extends to renter’s policies and Cessna 150s to owner-flown jets, warbirds, antique aircraft, charter operators, flight schools, aircraft management, quota share programs, and weather balloons.
Headquartered in Bedford, Mass., Schrager Hampson has additional offices in New Hampshire and Connecticut. Licensed in all 50 states, it offers insurance for private, corporate, and commercial aircraft and aviation operations, airports and unmanned aircraft and drones.
Was this article valuable?
Here are more articles you may enjoy.
Lawsuit Alleges TWIA Fraudulently Reduced Claim Estimates From Hurricane Beryl 
Rhine River Shipping Stalls as Water Level Hits Record Low 
Should Parents Be Responsible for Kids Getting Hurt and Killed on E-Bikes? 
A Landmark Supreme Court Ruling Is Upending How America Moves Its Goods 
