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You are here: Home / Agency Perpetuations, Valuations & Sales / Agency Mergers & Acquisitions / Rhode Island’s Starkweather & Shepley Acquires Mass. Agency

Rhode Island’s Starkweather & Shepley Acquires Mass. Agency

May 1, 2014 by AC Editor

Rhode Island insurance brokerage has acquired The Dennis Rodrigues Agency of Rehoboth

Starkweather & Shepley Welcomes DiMatteo Insurance Brokers

Headquartered in East Providence, Starkweather & Shepley presently has a satellite office in Westerly, Rhode Island, as well as two locations in Connecticut and five locations in Massachusetts. The five Massachusetts locations that operate under agency trade names are: Crosbie-Macdonald Agency of Westwood, Insurance Professionals of New England of Sturbridge, and Martha’s Vineyard Insurance of Oak Bluffs, Vineyard Haven, and Edgartown.

In this acquisition, Starkweather announced that the staff of the Rodrigues Agency will transition over to Starkweather’s newly renovated and expanded headquarters in East Providence, Rhode Island.

Mr. Rodrigues, who founded the agency that bears his name over 25 years ago, will retire upon completion of the transaction.

“Dennis has been providing exceptional service to his clients for a number of years. His high standards match well with our organization making this a solid acquisition for us,” Peter Gibb, Senior Vice President and Manager of Starkweather & Shepley’s Private Client Group, said in a statement. “We are very excited to have Dennis’ staff join our team.”

Starkweather and Shepley first opened shop in Rhode Island in 1879

Founded by James Starkweather, a manufacturer, and George Shepley, an insurance man, over 130 years ago, Starkweather and Shepley has grown to become one of the 100 largest brokers in the United States. It is also the only Rhode Island independent broker to have an exclusive partnership with Assurex Global.

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