FBinsure acquires North Attleboro agency

TAUNTON – A Bristol County independent insurance agency last week announced an acquisition of a North Attleboro insurance agency, marking its second company procurement in the last year.
FBinsure, with eight locations in southeastern Massachusetts, acquired Henry L. Newbury Insurance Agency in North Attleboro, according to a press release. President of Newbury Insurance, Jim Newbury, and his brother John will maintain their roles within the agency throughout the acquisition, “to ensure a smooth transition to the FBinsure brand for the agency’s 1,400 clients.
A company spokeswoman wouldn’t disclose how much FBinsure paid in the acquisition, but did say the entire staff – made up of four women – would be joining the new agency. Newbury, in a statement, said changes to the agency would be minor.
“Providing top-notch personal service and guidance to our valued clients has driven our success in North Attleboro. Finding those same qualities in the team at FBinsure, along with the increased technological capabilities and an expanding list of insurance companies, assured my brother and I that this move would bring an immense amount of value to our clients,” said Newbury.
FBinsure also acquired Gramlich Insurance Agency in New Bedford last year, according to the release. The insurance agency is in partnership with Bristol County Savings Bank and specializes in personal and commercial insurance.

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