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Kaplansky acquires Massachusetts agency | Insurance Business

Massachusetts-based Kaplansky Insurance, one of the largest independent locally owned agencies in the Northeast, has announced that it has acquired Staite Insurance, an agency based in Lowell, MA.

Staite Insurance offers RMV services, and both automobile and homeowners insurance to customers in the Merrimack Valley.

“Our acquisition of Staite Insurance allows us to expand our reach across Massachusetts even further,” said Ely Kaplansky, president and CEO of Kaplansky Insurance. “This provides us with a way to reach more clientele and foster more business-client relationships.”

Read more: Kaplansky swoops for John C. Gallagher Insurance

Staff from the company will join Kaplansky Insurance’s Chelmsford, MA, office.

“We are delighted to have Staite Insurance staff join our growing team,” Kaplansky said. “We strive to add agencies with similar values and morals to our own to make a seamless transition for customers and employees. Throughout the acquisition process, Staite staff have shown true passion and dedication to the industry, and we couldn’t be more excited to welcome them to Kaplansky.”  

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