Union Bay Acquisition, a new aggregator of insurance agencies agent based in Princeton, New Jersey, reports it has acquired Farrell Insurance Associates Inc. of Lansdale, Pennsylvania.
Terms were not disclosed.
Jerry Farrell, who founded Farrell Insurance Associates in 1996, has joined the board and the Farrell staff is now part of Union Bay Risk Advisors, a property/casualty insurance agency owned by Union Bay Acquisition.
Union Bay Acquisition is interested in acquiring other small insurance agencies in the Northeast and Midwest, according to Douglas M. Polley, chairman.
Was this article valuable?
Here are more articles you may enjoy.
Trump Demands $1 Billion From Harvard as Prolonged Standoff Appears to Deepen 
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds 
What Analysts Are Saying About the 2026 P/C Insurance Market 
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions 
