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You are here: Home / Agency Perpetuations, Valuations & Sales / Agency Mergers & Acquisitions / Cross Insurance Acquires Two More Massachusetts Insurance Agencies & Opens A New Office in Newburyport

Cross Insurance Acquires Two More Massachusetts Insurance Agencies & Opens A New Office in Newburyport

May 10, 2022 by AC Editor

The two sister agencies are located in the Newburyport area

Cross Insurance has acquired two new property and casualty insurance agencies, the Harold Humphrey Insurance Agency and the Byfield Insurance Agency, Inc. Operating under the Brownson Insurance Agency brand name, both sister agencies are located in the Newburyport area. Going forward, Humphrey & Byfield will both operate under the name Cross Insurance-Newburyport with Dave Messersmith, President of Cross Insurance-Coastal Region serving as the regional president for Cross Insurance’s Newburyport office.    

“We look forward to expand our service operations into Newburyport, particularly in a robust coastal community,” said Dave Messersmith, President of Cross Insurance- Coastal Region.  “We know the Humphrey & Byfield Agency, and its talented staff will be a tremendous fit for Cross as we look to grow and flourish throughout the region.” 

The company also announced the opening of an additional Newburyport office

In addition to acquiring both Brownson Insurance Agencies, Cross Insurance also announced the expansion of its presence in this area with the opening of a Newburyport, MA branch office located at Port Plaza Shopping Center, East Shops, 45 Story Avenue, Newburyport. With this new location, the family-owned agency is looking to bolster its coastal presence in the Massachusetts marketplace.

“We are thrilled to welcome Humphrey & Byfield Agency to the Cross Insurance family of agencies,” said Jonathan Cross, President of Cross Insurance. With the acquisition and Cross’s new Newburyport branch office, we look forward to better serve the needs of our existing New England coastal clients while also opening the doors wide open for new ones as well.”

Cross Insurance-Newburyport will provide a comprehensive insurance platform available to expand the coastal region, while utilizing the largest outreach of marketplace availability in the region. Above are photos showing the new office space.

A look at all the recent acquisitions by Cross Insurance in the New England/Northeast Area

Now the third-largest insurance broker in Massachusetts, Cross Insurance continues to grow its presence not only across the Commonwealth, but throughout the Northeast. Since 2020, it has made five agency acquisitions in the Bay State alone, not counting the two just announced. The following is a complete list of the acquisitions in the region since 2020.

QuarterDate AcquiredAgency AcquiredLocation
2020
Q11/1/2020ACBIConnecticut
Q13/6/2020Deblasio InsuranceRhode Island
Q13/6/2020Gaspee Benefit PlannersRhode Island
Q25/1/2020Clifton BrokerageConnecticut
Q37/1/2020The Doyle Agency, Inc.Connecticut
Q37/10/2020Charles GoodmanNew York
Q38/1/2020Kettle CreekConnecticut
Q412/15/2020Daigle & TraversConnecticut
Q412/30/2020Boston MarineMassachusetts
Q412/31/2020McSweeney & RicciMassachusetts
2021
Q12/12/2021Bedford Insurance BrokerageNew York
Q24/1/2021Business Benefits, Inc.Massachusetts
Q25/3/2021A. J. Benet, Inc. New York
Q26/15/2021Boynton Insurance AgencyMassachusetts
Q411/30/2021Corkin Insurnace AgencyMassachusetts
Q412/1/2021The Doyle Agency, Inc.Connecticut

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