Optisure Risk Partners of Manchester, NH and Masiello Insurance Agency of Keene, NH have announced Masiello’s merger with Optisure. Founded in 2015, Optisure is a provider of risk management and insurance solutions with over $175 million of insurance premiums placed nationally by 70+ employees and 10 locations in 6 states. Optisure’s regional agencies provide the resources and expertise of a national firm, while operating locally with global capabilities, and can address the full spectrum of risk management, employee benefits, and property-casualty insurance needs of consumers and businesses.
With this merger, Masiello Insurance will remain under the local management of its President, Donna Croteau, who will report directly to Optisure CEO Peter R. Milnes, CPCU, CIC, and work in collaboration with Optisure’s leadership team. The Masiello Family, owners of the agency for over 50 years, have elected to retain an ownership interest in the organization moving forward.
As part of this transaction, Masiello Real Estate, Better Homes and Gardens, continues its relationship with Masiello Insurance Agency and now has entered into a long-term agreement with Optisure to continue to offer insurance services to its real estate clients in its 34 offices in 4 states.
Optisure will join Masiello Insurance in its membership with Satellite Agency Network Group, Inc. (SAN). SAN, also a Masiello family owned business, is the largest network of insurance agencies in the Northeast and the founding member of SIAA, Inc., the largest alliance of insurance agencies in the United States.
Masiello owners Chris and Matt Masiello released a statement declaring, “We are excited to bring the talents and resources of Optisure to the Masiello Insurance team and to our clients in the Monadnock region and across northern New England. We view this affiliation as a momentous next step for Masiello Insurance. We are equally excited to be entering into long term business relationships among Optisure, Masiello Insurance Agency, Masiello Real Estate and Satellite Agency Network Group, Inc.”
Optisure CEO Milnes noted, “For decades, Masiello Insurance Agency has been recognized as a premier provider of insurance. Considered one of the top agencies in New Hampshire, Donna and her team bring significant talent to our organization. We are delighted to welcome them as we broaden our footprint throughout the state.”
For more information, contact:
Peter R. Milnes, CPCU, CIC
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Author: Peter Milnes – CEO of Optisure Risk Partners Posted in Category: Educational Tags: Current Events, Cyber Insurance, Education, insurance insider We …