Patriot Growth Insurance Services, LLC continues its expansion in Massachusetts. The national insurance agency which established a base here in the Commonwealth last year with its acquisition of FBInsure, has added two additional agencies to its growing roster in Massachusetts. The agencies, DMM Advisors (DMM) and PFG Benefits, are both employee benefit agencies based in Needham.
Tim Doherty, President of PFG, noted that “Patriot’s passion, energy, and approach will enhance our innovative HR and benefits solutions. We are thrilled to work with FBinsure and the rest of Patriot’s partners to deliver a comprehensive solution that suits the needs of our diverse client base.”
Matt Gardner, Founder and CEO of Patriot, added “Both DMM and PFG check every box that we look for in a partner. The leadership team has a long runway, poised to continue to organically grow at an above market rate and align with our partners culturally. We are beyond excited to expand our benefits expertise and capabilities throughout the New England region.”
According to the terms of the agreement, both agencies will work closely with Patriot’s FBinsure platform and significantly expand Patriot’s benefits expertise and capabilities throughout the New England region.
More about each Needham-based agency
DMM is headquartered in Needham, Massachusetts, and focuses on group health insurance, providing clients with unique executive benefits insight and expertise. They also provide individual life, disability, and long-term care insurance, employee benefits coverages, benefits life cycle, and human capital management. DMM currently has eight employees, including the owning partners, Mark Markell, Doug Hall, and Michael Murray.
Mark Markell said, “Patriot offers us the opportunity to meaningfully accelerate our growth while maintaining our core values, identity, and culture. Our specific expertise, combined with FBinsure’s capabilities, will empower us to offer clients more products and services, while continuing our highly responsive local service and support.”
PFG, also headquartered in Needham, provides a comprehensive and tailored approach to managing group benefits and HR administration. Working with the C-Suite, HR staff, and professional advisors, PFG proactively designs, implements, and manages innovative client-focused benefit solutions. PFG works primarily with groups between 50-1,000 employees and has been in business since 2015.