Patriot Progress, FBinsure swoop for Rhode Island businesses

Patriot Progress Insurance coverage Providers and FBinsure, an impartial company in partnership with Patriot, have introduced that they’ve acquired Rhode Island-based Maggiacomo Insurance coverage, Hanuschak Insurance coverage, and Gilmartin Insurance coverage.

The offers carry FBinsure’s complete acquisitions to 17 since 2008 and increase its footprint into Rhode Island. It additionally strengthens Patriot’s property-casualty insurance coverage capabilities in New England.

Windfall-headquartered Maggiacomo Insurance coverage was based within the early Thirties and is now led by third-generation proprietor Tom Maggiacomo, Patriot mentioned in a information launch. Warwick-based Gilmartin Insurance coverage was based in 1960 by Joseph Gilmartin Jr. and has been led by Joseph Gilmartin III since 1995. Hanuschak Insurance coverage in Cumberland was launched in 1954 and is at the moment below the management of Dave Hanuschak.

Collectively the Rhode Island Insurance coverage Group, the three businesses serve greater than 4,000 shoppers.

“We’re excited to have the Maggiacomo, Hanuschak and Gilmartin insurance coverage businesses be part of the FBinsure workforce,” mentioned Nicole Martin, president of FBinsure. “We have now been looking for the fitting companions in Rhode Island for a number of years, and this group of like-minded businesses shares our strategy to client-focused service and an appreciation for the Patriot mannequin.

“Becoming a member of FBinsure, alongside the workforce at Patriot, displays a want to propel their businesses ahead whereas sustaining relationships and delivering extra to their shoppers. I’m assured this determination will strengthen our company and our presence throughout Southern New England.”

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