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Patriot Development swoops for Connecticut company

Patriot Growth swoops for Connecticut agency

Patriot Development Insurance coverage Providers, one of many largest and fastest-growing insurance coverage providers corporations within the US, has introduced that Connecticut-based Olde Liberty Insurance coverage has joined the Patriot community.

Olde Liberty will probably be supported by Koverage Insurance coverage Group, a Patriot companion company additionally based mostly in Connecticut. Koverage is a full-service insurance coverage company that gives property-casualty insurance coverage, private traces protection and worker advantages applications in additional than 25 states.

Based in 2013, Olde Liberty supplies industrial and private insurance coverage providers. It’s led by principal Andrew Borner, who will stay with the corporate.

“I’m excited to hitch the Koverage and Patriot groups,” Borner stated. “Their platform will add providers and merchandise to our providing that can profit our purchasers, and their expertise and assist will permit us to concentrate on offering the distinctive customer support our purchasers have come to count on.”

Learn subsequent: Patriot Development snags new VP

“Olde Liberty is a good complement to Koverage domestically and to Patriot nationally,” stated Steve Carroll, senior vice chairman at Patriot Development Insurance coverage Providers. “This partnership additionally additional accelerates Koverage’s already spectacular development, making them each nice companions.”

Based in 2019, Patriot Development has greater than 1,600 staff working in 125 places throughout 24 states. In June of 2022, it acquired New York-based NXG Insurance coverage Company Group. In Could, it snapped up two Massachusetts corporations.

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