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You are here: Home / Agency Perpetuations, Valuations & Sales / Agency Mergers & Acquisitions / Kaplansky Insurance Announces 26th Mass. Agency Acquisition

Kaplansky Insurance Announces 26th Mass. Agency Acquisition

May 9, 2017 by AC Editor

The independent agency continues its strategic growth with latest purchase

Kaplansky Insurance announced this month that it has acquired the Brooklawn Insurance Agency. Founded in 1973, Brooklawn Insurance is an independent agency based in New Bedford.  In commenting on the acquisition, Kaplansky Insurance’s President and CEO Ely Kaplansky said Brooklawn’s excellent reputation was just one of the many factors making it a right fit to join his agency.

“The acquisition of Brooklawn is integral to the future growth of Kaplansky. This acquisition presents a compelling opportunity to continue our rapid expansion throughout Massachusetts. Our commitment to our communities, clients and to our company partners will remain the foundation for all we do” added Mr. Kaplanksy

Kaplansky now operates 14 locations throughout Massachusetts

The Brooklawn deal marks the 26th agency acquisition for Kaplansky Insurance in 20 years and the 10th agency acquisition since 2012. The company, which is headquartered in Needham now operates out of 14 different locations throughout the Commonwealth and shows no signs of slowing down its growth.

“We will continue our search for profitable, quality agencies who have a solid reputation both in terms of underwriting and quality of service,” according to Mr. Kaplansky.

For those independent agents interested in learning about the history of Kaplansky Insurance and its founder Ely Kaplansky, please refer to Agency Checklists April 30, 2012 interview, “An Inspirational Interview with Ely Kaplansky, President of Kaplansky Insurance.”

About Kaplansky Insurance

Founded in 1974, Kaplansky Insurance, based in Brookline, is one of the most respected and successful insurance agencies in Massachusetts. Kaplansky Insurance provides a full range of personal and commercial insurance products. For over a decade, Kaplansky Insurance has retained its status as part of an elite group of independent insurance agencies recognized for their commitment to delivering the highest level of customer satisfaction, by earning the “Five Star” award of distinction. Since 2006, Kaplansky Insurance has been recognized by IIABA as one of The “Best Practices”  Agencies for the agency’s efforts to continue to enhance value and success within the industry.

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