Kaplansky Insurance Acquires Bridge Insurance

In full transparency, the following was submitted to SOURCE media.

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NEEDHAM – Kaplansky Insurance, one of the largest independent locally-owned agencies in the Northeast, is pleased to announce that it has acquired Bridge Insurance in Newton.

Bridge Insurance Associates aka Massinsurers has provided Business, Auto, and Home Insurance for over 40 years. Gerald Baratz founded Bridge Insurance in the mid-1960 ′s. Over the last 40+ years, the agency has grown to become one of the most personal oriented independent insurance agencies in New England.

Ely Kaplansky, President and CEO commented: “Our agency is proud of our history as an independent agency company and remains committed to the agency channel. Our success is rooted in providing products and services to our agency partners and policyholders, thereby gaining and holding their respect and loyalty. This acquisition is an exciting opportunity to strengthen our position within the independent agency channel while positioning us for future prosperity.”

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Kaplansky Insurance will not be retaining Bridge’s existing location in Newton, and merging the business into its Needham headquarters. With the addition of Bridge Insurance, Kaplansky Insurance has successfully acquired 40 independent insurance agencies during its four decades in business.

Headquartered in Needham, Massachusetts, Kaplansky Insurance is a leading full-service agency offering personal and commercial insurance solutions. Propelled by its people, Kaplansky Insurance’s agency-centric operating model and entrepreneurial environment support its tremendous growth profile and significant
leadership incentives. Kaplansky Insurance is a notable leader in the insurance space.

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