News/Announcements
Union Bay Acquisition LLC Acquires Hillsborough, NJ-based Franchino Agency
PRINCETON, N.J. (PRWEB) DECEMBER 14, 2022
Union Bay Acquisition LLC, an aggregator of insurance agencies agent based in Princeton, New Jersey, has acquired Franchino Agency, Inc. Hillsborough, New Jersey. Terms were not disclosed.
Gabe Frangione, President of Franchino Agency, stated, “we are excited to bring Franchino Agency to its next level of growth and development by teaming up with Union Bay.” He added, “we are confident that this transaction with Union Bay will benefit all of our stakeholders – both our insureds and our insurance company partners.”
“We are pleased to welcome Franchino Agency to Union Bay,” said Douglas M. Polley, Chairman of Union Bay Acquisition. “Gabe and his team are a skilled group of professionals with deep knowledge of property-casualty insurance, and we are excited to augment our portfolio with their expertise in central New Jersey.”
About Union Bay Acquisition
Union Bay Acquisition LLC owns property-casualty insurance agent Union Bay Risk Advisors LLC, and acquires small insurance agencies in the Northeast and Midwest. More information on Union Bay can be found at http://www.unionbayrisk.com.
For more information about this press release, contact Patrick Sullivan of Union Bay Acquisition at psullivan@unionbayrisk.com.
Union Bay Acquisition LLC Acquires Bradford, PA-based LaBrozzi Insurance Group
PRINCETON, N.J. (PRWEB) NOVEMBER 8, 2022
Union Bay Acquisition LLC, an aggregator of insurance agencies agent based in Princeton, New Jersey, has acquired LaBrozzi Insurance Group, Inc. of Bradford, Pennsylvania. Terms were not disclosed.
Debra LaBrozzi, founder of LaBrozzi Insurance Group, stated, “We are excited to bring LaBrozzi Insurance Group to its next level of growth and development by teaming up with Union Bay.” She added, “we are confident that this transaction with Union Bay will benefit all of our stakeholders – both our insureds and our insurance company partners.”
“We are pleased to welcome LaBrozzi Insurance Group to Union Bay,” said Douglas M. Polley, Chairman of Union Bay Acquisition. “Debbie and her team are a skilled group of professionals with deep knowledge of property-casualty insurance, and we are excited to augment our portfolio with their expertise in the Bradford area.”
About Union Bay Acquisition
Union Bay Acquisition LLC owns property-casualty insurance agent Union Bay Risk Advisors LLC, and acquires small insurance agencies in the Northeast and Midwest. More information on Union Bay can be found at http://www.unionbayrisk.com.
For more information about this press release, contact Patrick Sullivan of Union Bay Acquisition at psullivan@unionbayrisk.com.
Union Bay Acquisition LLC Acquires Lansdale, PA-based Farrell Insurance Associates Inc.
PRINCETON, N.J. (PRWEB) SEPTEMBER 21, 2022
Union Bay Acquisition LLC, an aggregator of insurance agencies agent based in Princeton, New Jersey, has acquired Farrell Insurance Associates Inc. of Lansdale, Pennsylvania. Terms were not disclosed.
Jerry Farrell, founder of Farrell Insurance Associates, stated, “We are excited to bring Farrell Insurance Associates to its next level of growth and development by teaming up with Union Bay.” He added, “we are confident that this transaction with Union Bay will benefit all of our stakeholders – both our insureds and our insurance company partners.”
“We are pleased to welcome Farrell Insurance Associates to Union Bay,” said Douglas M. Polley, Chairman of Union Bay Acquisition. “Farrell’s team is a skilled group of professionals with deep knowledge of property-casualty insurance, and we are excited to augment our portfolio with their expertise in the greater Philadelphia area.”
About Union Bay Acquisition
Union Bay Acquisition LLC owns property-casualty insurance agent Union Bay Risk Advisors LLC, and acquires small insurance agencies in the Northeast and Midwest. More information on Union Bay can be found at http://www.unionbayrisk.com.
For more information about this press release, contact Patrick Sullivan of Union Bay Acquisition at psullivan@unionbayrisk.com.
Union Bay Risk Advisors joins the ANE Network of Agencies
MONMOUTH JUNCTION, N.J. (ANE) JULY 26, 2022
Welcome to Our Newest Members of 2022
ANE would like to welcome and announce our newest members of 2022.
Please welcome:
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All Insure LLC of New Brunswick, NJ
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J. Pappas Insurance Agency of Little Falls, NJ
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Union Bay Risk Advisors of Princeton, NJ
"Union Bay Risk Advisors joined ANE because ANE gives us access to a tremendous number of insurance markets that wouldn’t otherwise be available to us. Also, from a financial point of view, there is no arguing with the enhanced commissions that ANE provides. We are very excited to be working with ANE and look forward to a mutually beneficial relationship," commented Patrick Sullivan, President of Union Bay Risk Advisors LLC.
ANE, Agency Network Exchange, LLC is a regional network with an innovative and flexible model that responds to the individual needs of independent agencies of all sizes.