Smith Brothers Insurance Acquires Agency in Connecticut
- April 11, 2018
Smith Brothers Insurance Purchases Assets of Connecticut’s Bailey Agencies Insurance
GLASTONBURY, CT -- Smith Brothers Insurance, LLC has purchased the assets of Bailey Agencies Insurance of Groton, Connecticut. Bailey was founded in 1890 by Henry Bailey to help protect families and businesses throughout the Southeastern Connecticut region. Owned and operated by the Scott family since 1980, Bailey Agencies Insurance has been a long-term fixture on the Southeast Connecticut shoreline.
Bailey Agencies Insurance has moved to the Smith Brothers office in Niantic, Connecticut, at 377 Main Street. With headquarters in Glastonbury, Connecticut, Smith Brothers is an independently operated, Top 100 Broker in the U.S., and has offices throughout Connecticut, and in Massachusetts and New Jersey.
John Scott IV, CIC, former Bailey Agencies Insurance principal stated, “Smith Brothers will help us perpetuate a longstanding agency, deliver broader market scope and access, and add to the basket of deliverables we offer our clients.” Scott will continue his role as commercial lines producer, and along with two other insurance professionals, will work from the Smith Brothers’ Niantic office.
“The southeast section of Connecticut is a core geographical segment of Smith Brothers,” said Jared Carillo, CIC, Smith Brothers’ director of foundation accounts. “Our long-term strategic focus is to grow along the shoreline to help protect families and business; we understand the unique requirements of a coastal environment. Bailey Agencies Insurance is an excellent match for our team, and we can provide their clients with a broader range of products and services.”