Eastern Insurance Group LLC Acquires Assets of Barr Insurance Agency, Inc.
Eastern Insurance Group LLC, a wholly owned subsidiary of Eastern Bank, announced today that it has acquired the business assets of Barr Insurance Agency, Inc., a family-run, full-service insurance agency based in Watertown, MA. The transaction takes effect May 1, 2021 and marks the 34th acquisition by an independent insurance agency for Eastern Insurance since 2002. Barr Insurance has provided personal and business insurance coverage to individuals and businesses for more than 50 years. "Barr Insurance is known for offering a wide variety of coverage to both individuals and businesses, from automobiles to households to commercial lines. It has great loyalty from many longstanding customers and we look forward to welcoming them to EIG . "said John Koegel, President and CEO of Eastern Insurance Group LLC. Marianne Jenkins, President of Barr Insurance added, "Having served our valued customers for the past five decades, we are excited about the new opportunities that are...