SWANSEA – Partners Insurance Group, a subsidiary of BayCoast Bank, announced Friday it has purchased Hadley Insurit Group for undisclosed amount.
Hadley will join Partners immediately. All Hadley employees will be retained, and its office will remain at 246 Durfee St. in Fall River, according to the release.
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“We are proud to welcome Hadley Insurit Group to the Partners Insurance family,” said Patrick D. Long, CEO and president of Partners. “HIG has a long tradition of dedicated service to our region. Partners is proud to share HIG’s likeminded culture and values. We remain committed to providing personal guidance and insurance solutions to the people and businesses in our communities.”
Hadley principals/brokers Paul Burke and Chris Hadley will take on leadership positions within Partners.
“It is an exciting time for Partners,” notes Long. “This important acquisition continues Partners’ robust growth, solidifying our reputation as one of the area’s leading insurance agencies.”
Robert Bergdoll, senior vice president of chief marketing officer of Partners, did not immediately respond to a request for comment.
