All Three Acquisitions Have been Made in Second Half of 2024
Kaplansky Insurance coverage, a famend impartial insurance coverage company headquartered in Needham, Massachusetts, has continued its aggressive growth technique with three vital acquisitions within the second half of 2024. Buckley Insurance coverage, Pijar Insurance coverage, and Mobilio Insurance coverage have all joined the Kaplansky portfolio, reinforcing its presence throughout key areas of the state.
Strengthening the Worcester Market: Buckley and Mobilio Insurance coverage Acquisitions
On August 28, 2024, Kaplansky finalized its acquisition of Buckley Insurance coverage, a revered company established in 2003 and based mostly in Worcester, Massachusetts. Identified for its exemplary service to communities in Worcester and close by cities, Buckley Insurance coverage earned a status for high quality and professionalism. By retaining Buckley’s present workplace on Belmont Road, Kaplansky goals to offer a seamless transition for its purchasers.
Additional increasing its foothold in Worcester, Kaplansky acquired Mobilio Insurance coverage on November 15, 2024. Mobilio, based in 1967, has a long-standing custom of serving purchasers in Worcester and surrounding cities, together with Oxford, Sturbridge, and Holden. Mobilio’s operations shall be built-in into Kaplansky’s present Worcester workplace at 398 Belmont Road, guaranteeing continuity in service for native purchasers.
Ely Kaplansky, President and CEO of Kaplansky Insurance coverage famous that the company was excited to welcome each Buckley and Mobilio Insurance coverage into the Kaplansky Insurance coverage household. have constructed sturdy legacies of their communities. “Their longstanding dedication to high quality service and underwriting excellence completely aligns with our values.” These acquisitions “…not solely expands our geographic attain but in addition reinforces our dedication to serving the evolving wants of our purchasers.”
Enlargement into Holyoke with Pijar Insurance coverage
On November 6, 2024, Kaplansky accomplished the acquisition of Pijar Insurance coverage, a well-regarded company based in 1942 and based mostly in Holyoke, Massachusetts. With a long time of expertise serving Holyoke and neighboring cities equivalent to Chicopee, Easthampton, and Westfield, Pijar Insurance coverage brings a wealth of regional experience to Kaplansky’s rising community. Pijar’s operations will merge with Kaplansky’s Chicopee workplace, guaranteeing a easy transition for purchasers whereas sustaining an area presence.
The addition of Pijar Insurance coverage strengthens our dedication to offering tailor-made insurance coverage options all through Western Massachusetts added Mr. Kaplansky. “We’re thrilled to welcome them into the Kaplansky household.”
Dedication to Strategic Progress
These acquisitions spotlight Kaplansky Insurance coverage’s ongoing give attention to increasing its geographic attain and enhancing shopper service throughout New England. Every of the newly acquired companies brings a legacy of buyer satisfaction and native experience, which Kaplansky intends to construct upon.
Since its founding in 1974, Kaplansky Insurance coverage has grown to turn out to be a trusted title within the trade by pursuing strategic acquisitions and delivering superior service. With places of work now unfold throughout Massachusetts, the company is poised to proceed its upward trajectory within the regional insurance coverage market.
