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FBInsure Acquires New Bedford Insurance Agency

November 23, 2014 by AC Editor

FBInsure, also known as the Farrell Backlund Agency, has seven locations throughout Southeastern Massachusetts

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Farrell Backlunds rebranded image includes a new logo

FBInsure announced this week that is has merged with the Gramlich Insurance Agency. Located in New Bedford, the Gramlich Agency is owned and operated by President Ray Gramlich.

“I could not be more excited to strengthen our service team and provide a more comprehensive breadth of products to our valued clients,” stated Gramlich in the announcement of the merger.

According to the terms of the transaction, Mr. Gramlich will join FBInsurance after the completion of the merger. At FBInsure, Mr. Gramlich will run the agency’s New Bedford operations which include over 1,400 clients as well as managing the transition of the Gramlich Agency over to the FBInsure brand.

Russ Martorana, President of FBinsure said, “We are proud to have Ray Gramlich and his vast experience as part of the FBinsure team. Ray has demonstrated a commitment to his clients, employees, and community that we value as an organization. Both Agencies are stronger today as a result of our merger.”

Originally known as the The Farrell Backlund Agency, FBInsure is a full service agency with approximately 80 employees and a client base of over 20,000 personal and commercial clients. With the addition of the Gramlich Agency, FBInsurance now boasts of a staff of eighty in seven locations throughout Southeastern Massachusetts including Attleboro, Middleboro, Dighton, Rehoboth, East Freetown, the company’s headquarters in Taunton and now New Bedford.

 

 

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