Syosset, N.Y.-based insurance brokerage Bradley & Parkerannounced it has acquired Profile Coverage Corp. and its affiliatedcompanies, based in Ronkonkoma, N.Y. No financial terms wereannounced.
|Bradley & Parker said Profile Coverage placed about $30million in premium and is an all-lines insurance agency andbrokerage offering risk management, commercial and personalproperty-casualty, life and health insurance services to itsclients on Long Island and in the metropolitan New York area. Thefirm has been in business since 1964.
|Profile Coverage will continue to operate in its currentlocation and will become Bradley & Parker's Suffolk Countyoffice with 24 employees joining the firm. Steve Fuoco, a mangerwith Profile Coverage, was named vice president and branch manager.Lou Pellegrino, president of Profile Coverage, will remain as anexecutive consultant to Bradley & Parker.
|Bradley & Parker, established in 1939, is an all-linesinsurance agency and brokerage. According to its Web site, the firmplaces more than $50 million in insurance premium annually and hasa customer base of over 8,000.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
- Educational webcasts, resources from industry leaders, and informative newsletters.
- Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.