Expanding AHT’s Geographic Presence and Depth in the New England Region
Another independent insurance agency in Massachusetts has been sold. Virginia-based AHT Insurance announced its acquisition of Mason & Mason Insurance this month. Based in Virgina, AHT Insurance is a full-service insurance brokerage and consulting firm offering property and casualty, employee benefits, retirement, personal and international services.
“The thoughtfulness and innovation Phil and Pam Mason display, along with their amazing team, will complement AHT’s core values and add notable expertise to some of our deepest areas of specialization.” says David Schaefer, AHT President and CEO. “We are excited about what the future holds with Mason as an integral part of AHT and for the opportunities this presents for our clients, staff and partners.”
A second-generation independent insurance agency focusing on niche businesses
Based in Whitman, Mason & Mason is a family-owned insurance agency in business for more than 40 years. The agency provides both Personal and Commercial Lines products with a heavy focus on providing risk management and insurance brokerage services to niche businesses. It is also one of the largest insurers of custom home builders and remodelers in Massachusetts and is the managing agent for the Builders and Remodelers Association of Massachusetts’ sponsored insurance program.
“We’ve been successfully collaborating with David Schaefer and his colleagues at AHT for more than 25 years,” says Phil Mason, Mason & Mason President. “I respect AHT’s commitment to professional excellence in the niche segments we both serve. There are greater synergies between our firms, and we are committed to successfully integrating and leveraging the best parts of each other.”
According to the terms of the transaction all of Mason & Mason’s will continue on with AHT after completion of the merger. Phil and Pam Mason, the owners of Mason & Mason, will become shareholders in AHT. This marks the second acquisition for AHT Insurance since 2018.
More about AHT Insurance
AHT Insurance is a brokerage and consulting firm offering property and casualty, employee benefits, retirement, personal and international services for a wide range of industries – boasting national recognition for our practices in areas including technology, manufacturing, government contracting and nonprofits.