Eastern Insurance Group acquires Westover Insurance Agency
NATICK, Nov. 07, 2013 - Eastern Insurance Group today announced the acquisition of Lynnfield-based Westover Insurance Agency, Inc. - providing its customers with access to a broader range of insurance products and services.
For Eastern Insurance, the acquisition increases its customer base north of Boston, where it already has four locations. Westover Insurance customers will now be served by Eastern Insurance's office in Wakefield, which is located five miles from Westover's office in Lynnfield.
"We are excited to welcome Westover Insurance and its customers to the Eastern Insurance family," said Hope Aldrich, president and CEO of Eastern Insurance. "For more than 40 years, Westover Insurance has built an excellent reputation for superior customer service and products, making it a perfect cultural fit to our organization."
Westover Insurance was founded by Dean Westover in 1970 in Lynnfield.
Westover Insurance represents Eastern Insurance's 16th acquisition since 2004. Eastern Insurance is the largest insurance agency headquartered in Massachusetts and the 48th largest agency in the United States. Last year, Aldrich was named "Insurance Professional of the Year" by the Insurance Library Association of Boston.
About Eastern Insurance Group
Eastern Insurance, headquartered in Natick, is a subsidiary of Eastern Bank, the largest independent, mutually owned bank in New England with branches stretching from Merrimack Valley to Cape Cod. Eastern Insurance serves more than 70,000 individuals and businesses and provides a full range of personal and commercial insurance products, surety, and employee benefits services. Eastern Insurance is the largest insurance agency headquartered in Massachusetts and the 36th largest agency in the country.