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You are here: Home / Agency Perpetuations, Valuations & Sales / Agency Mergers & Acquisitions / Patriot Growth Insurance Services Expands its Network in Massachusetts

Patriot Growth Insurance Services Expands its Network in Massachusetts

May 22, 2023 by Owen Gallagher

Agency Checklists, MA Insurance News, Mass. Insurance News


Patriot Growth Insurance Services, LLC (“Patriot”), one of the fastest-growing national insurance agencies in the country, on May 12, 2023, announced its partnership with two independent employee benefits agencies based in Massachusetts. The new additions, DMM Advisors (DMM) and PFG Benefits will bolster Patriot’s FBinsure platform and augment its benefits capabilities in the New England region.

Matt Gardner, Founder and CEO of Patriot, expressed his excitement about the new partnerships. “Both DMM and PFG check every box that we look for in a partner,” he said. “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.”

A Closer Look at the New Partners

  • DMM Advisors, based in Needham, Massachusetts, is a renowned group health insurance specialist. The firm prides itself on providing unique executive benefits insights and comprehensive insurance solutions, including individual life, disability, long-term care insurance, and human capital management. DMM, led by partners Mark Markell, Doug Hall, and Michael Murray, promises to bring additional expertise to the expanding Patriot network.”Patriot offers us the opportunity to meaningfully accelerate our growth while maintaining our core values, identity, and culture,” said Markell. “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 Benefits, also located in Needham, offers an innovative approach to managing group benefits and HR administration. The company designs, implements, and manages client-focused benefit solutions primarily for groups between 50-1,000 employees. Having operated since 2015, PFG’s comprehensive solutions will further diversify the services Patriot can offer its clients.Tim Doherty, President of PFG, shared his enthusiasm for the new partnership: “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.”

In light of these new partnerships, Patriot stands poised to continue its impressive growth in the insurance sector, promising enhanced benefits expertise and capabilities throughout the New England region. By aligning with high-growth, client-centric firms like DMM and PFG, Patriot demonstrates its commitment to delivering an ever-expanding range of services to its clients.

About Patriot Growth Insurance Services

Patriot Growth Insurance Services Latest News

Founded in 2019, Patriot is a growth-focused national insurance services firm that partners with employee benefits and property & casualty agencies across the United States. In 2021, Patriot was ranked as the 27th largest privately held broker in the U.S. by Business Insurance. With over 1,450 employees operating in 120 locations across 22 states, Patriot’s collaborative model delivers resources and strategic support to its agencies, whose leaders continue to operate with a high degree of autonomy in their local markets. Patriot creates true alignment with its partner agencies, and its operating philosophy fosters enhanced career opportunities for its dedicated and professional team. Patriot is backed by GI Partners and Summit Partners. For more information, please visit www.patriotgis.com. 

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