Kaplansky Insurance has started 2019 off with a bang. The agency, which is fast becoming one of the largest independent insurance agencies, not only in Massachusetts and New England, but throughout the Northeast, has announced the acquisition of KW Insurance Agency.
According to the terms of the agreement, KW Insurance, which has two locations in Cambridge and Dedham, will merge its Dedham location into Kaplansky’s corporate headquarters in Needham. KW’s Cambridge location will continue its operations in the same location, while re-branding under the Kaplansky name.
“KW is a highly respected agency,” said Ely Kaplansky, President and CEO of Kaplansky Insurance. “As we continue to build a strong presence in the New England region, we are excited to have the talented and highly experienced KW team join Kaplansky.”
The first acquisition for Kaplansky in 2019, but likely not the last…
With the addition of KW Insurance, Kaplansky Insurance has now acquired an impressive 32 agencies over the course of four decades. The following is a re-cap of the four Massachusetts agencies it acquired just during 2018:
- Kaplansky Acquires Its 30th Independent Insurance Agency in Massachusetts
- Kaplansky Insurance Acquires Massachusetts’ Kelleher & Mackey Agency
- Kaplansky Insurance Acquires The Anthony & Malcolm Agency
- And Then There Were 31: Kaplansky Insurance Acquires Burak Insurance
In commenting on this latest acquisition, Mr. Kaplansky notes that 2019 will likely be another year of expansion for the agency.
“We continue to remain focused on adding high-quality agencies with a solid reputation and talented colleagues with a dedication to client service,” added Mr. Kaplansky.
Intrigued about Kaplansky Insurance’s growth and would like to learn more about how it got its start? Then you might like our 2012 Agency Interview with Kaplansky Insurance founder Ely Kaplansky, “An Inspirational Interview with Ely Kaplansky, President of Kaplansky Insurance.”
More About Kaplansky Insurance in its own words…
Founded in 1974, Kaplansky Insurance, based in Needham is one of the most respected and successful insurance agencies in Massachusetts. Kaplansky Insurance provides a full range of personal and commercial insurance products. Kaplansky Insurance, has retained its status as part of elite group of independent insurance agencies recognized for their commitment to delivering the highest level of customer satisfaction, by earning the “Five Star” and “Best Practices” award of distinction.
At Kaplansky, we are poised for an increasing emphasis on acquisitions to complement our strong, steady organic growth. As one of the largest independent agencies in the northeast, we are qualified buyers with decades of acquisition experience.
