Optisure Risk Partners Merges with New Hampshire’s Masiello Insurance Agency

Optisure Risk Partners of Manchester, N.H., has merged with Masiello Insurance Agency of Keene, N.H.

Founded in 2015, Optisure is a provider of risk management and insurance, with more than $175 million in insurance premiums placed nationally by more than 70 employees and 10 locations in six states. Optisure’s regional agencies provide the resources and expertise of a national firm while operating locally with global capabilities. It works to address the full spectrum of risk management, employee benefits and property-casualty insurance needs of consumers and businesses.

Following this merger, Masiello Insurance will remain under the local management of its president, Donna Croteau, who will report directly to Optisure CEO Peter R. Milnes and work in collaboration with Optisure’s leadership team. The Masiello Family, owners of the agency for more than 50 years, have elected to retain an ownership interest in the organization moving forward.

As part of this transaction, Masiello Real Estate, Better Homes and Gardens, continues its relationship with Masiello Insurance Agency and has entered into a long-term agreement with Optisure to continue to offer insurance services to its real estate clients.

Optisure will join Masiello Insurance in its membership with Satellite Agency Network Group Inc. (SAN). SAN, also a Masiello family-owned business, is the largest network of insurance agencies in the Northeast and the founding member of SIAA Inc., the largest alliance of insurance agencies in the U.S.

Source: Optisure Risk Partners

Topics Mergers & Acquisitions New Hampshire