SWANSEA – J.M. Doherty Insurance Agency Inc. and BayCoast Bank affiliate Partners Insurance Group LLC have entered into an agreement for J.M. Doherty to become the sixth privately owned local insurance agency in the Partners Insurance Group network.
J.M. Doherty will maintain its name and individual identity, but all J.M. Doherty employees will join the Partners Insurance Group team.
“I am enthusiastic about joining Partners Insurance Group,” Jim Doherty said in prepared remarks. “Not only does it allow us to grow the agency but it gives us the ability to provide the best policies and service to our clients.”
According to a company release, J.M. Doherty will continue to operate out of its New Bedford location on Mount Pleasant Street.
“We are thrilled to welcome Jim Doherty and his professional staff to our growing network of insurance agencies on the South Coast,” Lawrence Wilson, president and CEO of Partners Insurance Group, said in a statement.
“The addition of J.M. Doherty Insurance will allow Partners Insurance Group to better serve the insurance needs of the people in the greater New Bedford area,” added Wilson.
Partners Insurance Group is currently comprised of six area insurance agencies in Fall River, Swansea, Somerset, New Bedford and Tiverton.