Insurance broker Patriot Growth Insurance Services and its partner insurance agency FBinsure of Taunton, Massachusetts announced that they recently added Maggiacomo Insurance, Hanuschak Insurance, and Gilmartin Insurance of the Rhode Island Insurance Group to the Patriot platform in the Northeast.
The Rhode Island Insurance Group provides personal and commercial insurance. The three agency owners and their teams have joined FBinsure.
These acquisitions bring FBinsure’s count to 17 since 2008, expanding the agency’s footprint into Rhode Island while strengthening Patriot’s existing property/casualty insurance capabilities in the New England marketplace.
Each of the Rhode Island Group agencies brings a decades-long, family-owned legacy. Providence’s Maggiacomo Insurance was founded in the early 1930s and is now under the leadership of third-generation owner Tom Maggiacomo. Warwick-based Gilmartin Insurance was founded in 1960 by Joseph Gilmartin Jr. and has been led by Joseph Gilmartin III since 1995. Finally, Hanuschak Insurance has been serving clients since 1954 and is under the leadership of Dave Hanuschak in Cumberland.
FBinsure has 14 locations serving southeastern Massachusetts and Rhode Island in Taunton, Attleboro, Middleboro, Dighton, Rehoboth, East Freetown, New Bedford, Dartmouth, Fall River, Avon, Falmouth, Providence, Warwick, and Cumberland. FBinsure has 145 employees.
Patriot has more than 1,800 employees operating in 132 locations across 26 states. It provides resources and strategic support to its agencies. Patriot is backed by GI Partners and Summit Partners.
Topics Agencies
Was this article valuable?
Here are more articles you may enjoy.
US P/C Underwriting Results: Two Years in a Row Over $20 Billion in the Red 
NCCI Identifies ‘Big 3′ Workers’ Comp Issues to Watch 
Insurance Industry Impact From Hurricane Beryl Expected to Be ‘Manageable’ 
Damage From Hurricane Beryl May Cost Insurers $2.7B in US, $510M in Caribbean: KCC 
