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FBinsure Acquires Hardy & Ponte Insurance Agency

 

FBinsure logo interior pageTaunton, MA, February 5, 2016 – FBinsure has announced that as of January 2016, it has acquired the Hardy & Ponte Insurance Agency, an independent agency, located in New Bedford, Massachusetts on Mt. Pleasant Street originally founded by Arthur J. Hardy Jr. and George P. Ponte. Current President of Hardy & Ponte Insurance Agency, Jeff Hardy, will maintain a transitional role within the agency throughout the process to ensure a smooth shift to the FBinsure brand for the agency’s near 1,000 clients.

“It is important to us that our valued clients have access to the best insurance products and service available. Those ideals are shared by the team at FBinsure. With significant technological improvements and an expanded list of insurance companies, I believe this move will bring an enormous amount of value to our clients,” stated Jeff Hardy. Alongside Jeff, insurance veteran and partner at Hardy & Ponte, Claudia Donaghy, will also retain her active role with FBinsure’s growing team. Early changes to the agency will be minor, mainly aimed at updating technology and providing greater access to new companies.

Russ Martorana, President and CEO of FBinsure said, “We are very excited to bring the Hardy & Ponte Insurance Agency to the FBinsure name. This decision further strengthens both our agencies, as well as FBinsure’s presence on the South Coast. We fully expect clients of both agencies to feel the positive impact in their future experiences here.”

This serves as the third of three acquisitions for FBinsure in the past two years, who acquired Gramlich Insurance Agency of New Bedford in late 2014, then Henry L. Newbury Insurance Agency, of North Attleboro in early 2015. FBinsure can now count ten total locations throughout Bristol and Plymouth Counties, including their offices in Taunton, Attleboro, Middleboro, Dighton, Rehoboth, East Freetown, New Bedford and North Attleboro.

 

– Investment and Insurance Products are: Not FDIC Insured – Not DIF Insured – No Bank Guarantee – May Lose Value – Not a Bank Deposit – Not insured by any Federal Government Agency