PORTLAND, Maine — United Insurance, one of Maine’s largest independent insurance agencies announced the acquisition of Barresi Financial, a 46-year-old employee benefits and financial services company.
“Adding a financial services division to our organization has always been one United Insurance’s long-term goals,” President and CEO Zack Frechette expressed. “The Barresi Financial team has been United Insurance’s 401k plan administrator for decades, so we’ve personally experienced their vast knowledge and exceptional service. Their 10 associates are a great fit for our organization, our values, and our commitment to deliver a full spectrum of advisory services to our clients—personal insurance, business insurance, employee benefits, surety and now, wealth management.”
Barresi Financial has offices in Presque Isle and Bangor, which further strengthens United Insurance’s presence in those core markets.
“We believe this to be a natural evolution of Barresi Financial,” partner Nathan Berry said. “We’re excited to merge our employee benefits team with the team at United Insurance while still offering financial services and advice to our clients. This partnership also enables us to offer many other personal and commercial insurance options from United’s top-notch team.”
Based in Portland, Maine, United Insurance is a team of over 200 professionals working in 18 locations throughout Maine, New Hampshire and Massachusetts providing personal, business and employee benefits insurance solutions as well as risk management and surety services to over 35,000 clients. For more information, visit unitedinsurance.net.
