Acrisure, a US-based insurance coverage brokerage, has introduced the institution of its New England Area.
The transfer goals to consolidate the corporate’s operations throughout Connecticut, Massachusetts, Maine, New Hampshire, Rhode Island and Vermont.
The New England Area will combine Acrisure’s 27 workplace places and almost 400 workers, who collectively cater to greater than 57,000 purchasers.
It additionally consists of an workplace in Boston’s Again Bay, which homes the innovation, advertising and cyber companies groups.
Acrisure companion Paul Plunkett will lead the New England Area as managing companion.
Plunkett is a Vermont native, who brings greater than 4 a long time of trade expertise to the desk, specialising in each business and private insurance coverage options.
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He and his crew are anticipated to supply purchasers a various vary of product strains together with insurance coverage, cybersecurity, payroll companies and mortgage origination.
The Federal Reserve Financial institution of Boston has highlighted New England’s sturdy financial well being, noting that the area’s unemployment fee dropped beneath 3% in October 2023, the bottom since 2000.
Acrisure stated the area’s economic system is dynamic in nature, influenced by numerous micro and macroeconomic elements.
Acrisure co-founder, chairman and CEO Greg Williams stated: “We’re taking the daring step of unifying the enterprise beneath the Acrisure model with the New England market being one of many last steps in our branding journey.”
Plunkett added: “With my in depth expertise residing and dealing in New England, I’ve a deep understanding of the distinctive dynamics and alternatives within the area. I’m excited to get the ball rolling beneath the Acrisure model to finest assist the broad wants of our purchasers.”
The announcement of the New England Area follows shut on the heels of Acrisure’s launch of its South-east Area final month, which incorporates Alabama, Florida, Georgia, Kentucky, Mississippi, North Carolina, South Carolina and Tennessee.
Moreover, the corporate lately established Wholesure, a division that consolidates its wholesale property and casualty companies.
