Patriot Growth Insurance Services, LLC (Patriot) announced a new partnership with Connecticut’s Blueprint Benefit Advisors. This partnership expands Patriot’s rapidly expanding footprint in the New England region, which currently consists of more than 20 agencies offering risk management, property and casualty, and employee benefits insurance solutions.
Based in Hamden, CT, Blueprint Benefit Advisors (Blueprint) is led by Greg Coyne, Joseph Bucci, Michael Coppola, and Matt Luciani. The agency employs more than 25 professional advisors and provides employee benefits solutions, human resource support, benefits technology, and compliance. Blueprint takes a highly consultative approach to employee benefits, from designing unique programs to implementation and oversight, providing world-class client service throughout the entire process.
“As agency partners, we chose to join Patriot because of our aligned cultures and approach to employee benefits,” said Joseph Bucci, Partner at Blueprint. “This partnership provides our employees with more national resources and tools to help our clients. We’re excited to collaborate with other partner agencies and to continue our growth journey with Patriot.”
Blueprint was founded in 2016 by combining Group Insurance Associates (GIA) and Group Benefit Administrators of CT (GBAC). The two successful and long-standing agencies have over 80 years of combined experience in the Connecticut marketplace and decided to join forces to serve their clients better.
“I couldn’t be happier to welcome the entire Blueprint team to Patriot and to the TRUE Network of Advisors,” said Matt Gardner, Chairman and CEO of Patriot. “As we continue to expand in the New England region, Blueprint is a perfect fit to help us drive better solutions for clients. Our core values are aligned perfectly, and we are excited to support them as they continue to grow their terrific agency.”
A business model where agencies maintain their operational autonomy and name
As outlined in a previous Agency Checklists article, under Patriot’s business model, agencies partnering with Patriot maintain their local identity, culture, and autonomy while leveraging Patriot’s national resources to deliver high-quality customer service. The ideal acquisition partner candidates for Patriot are those who desire to continue to run their organizations on a day-to-day basis while preserving their brand and the agency’s legacy.
According to Mr. Gardner, Patriot strives to maintain the name and local brand recognition of its agencies.
“We think in the local markets…those agency names mean a lot and have a lot of brand equity, and a lot of times, the agency principals have their names on the door. That means a lot in their communities, so we believe strongly in retaining those local brands and those legacies.”
With this latest acquisition, Patriot Growth continues to expand its presence into New England, adding to its growing partnerships both inside and around Massachusetts. The following is a list of Patriot’s Partnerships in New England that Agency Checklsits has recorded thus far:
- Tino’s Insurance Agency
- Durand Insurance Agency of Seekonk
- Exchange Insurance Agency
- Paul B. Sullivan Insurance