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You are here: Home / Agency Perpetuations, Valuations & Sales / Agency Mergers & Acquisitions / Kaplansky Insurance Acquires East Coast General Insurance

Kaplansky Insurance Acquires East Coast General Insurance

September 20, 2016 by AC Editor

Kaplansky continues to expand its footprint…

Agency Checklists, MA Insurance News, Mass. Insurance NewsThe East Coast General Insurance Agency of Chelmsford is now a part of Kaplansky Insurance. This latest acquisition marks Kaplansky Insurance’s second acquisition in two months and its 24th overall. It is also the Needham-based agency’s third agency acquisition in Chelmsford.

The acquisition is a unique opportunity to further increase diversification, reinforce our growth potential and further leverage our position as one of the leading independent agencies in the Northeast, “said Ely Kaplansky, President and CEO of Kaplansky Insurance.

East Coast General Insurance Agency is an independent insurance agency based in Chelmsford and owned by Neil Robinson. Upon completion of the acquisition, all of East Coast General’s personnel will continue on with Kaplansky Insurance, as well as continuing to operate out of the agency’s North Chelmsford location.

…with no signs of slowing down

The Kaplansky Insurance now operates out of 12 different locations through Massachusetts and is continuing to grow.

“We are continuing our search for profitable, quality agencies who have a solid reputation both in terms of underwriting and quality of service,” said Mr. Kaplansky in the acquisition announcement. “We expect to continue to enhance our growth through both acquisitions and a strong focus on organic sales and marketing “

About Kaplansky Insurance

Founded in 1974, Kaplansky Insurance, based in Brookline, is one of the most respected and successful insurance agencies in Massachusetts. Kaplansky Insurance provides a full range of personal and commercial insurance products. For the 12th consecutive year, Kaplansky Insurance, has retained its status as part of elite group of independent insurance agencies recognized for their commitment to delivering the highest level of customer satisfaction, by earning the “Five Star” award of distinction.

Since 2006, Kaplansky Insurance has been recognized by IIABA as one of The “Best Practices” for their efforts to continue to enhance value and success within the industry.

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