Lawrence-based Company Expands Its Geographic Footprint into Lynn
Silverio Insurance coverage Company has introduced its acquisition of the David E. Zeller Insurance coverage Company in Lynn, Massachusetts.
A neighborhood, unbiased agent for over forty years, Mr. David Zeller has entrusted Silverio Insurance coverage Company to hold on his mission of serving the Lynn group and past with complete insurance coverage options. Silverio Insurance coverage Company is honored to proceed the legacy of excellence established by Mr. Zeller and is dedicated to constructing on the robust basis he created.
In commenting on his company’s newest acquisition, President & CEO Evan Silverio stated, “We drastically settle for this honor and imagine that Silverio Insurance coverage Company has the flexibility not solely to proceed, however so as to add to the nice sources already supplied by David E. Zeller Insurance coverage Company.”
In response to the phrases of the transaction, the workers of the David E. Zeller Company will be a part of the Silverio Insurance coverage household. No additional phrases of the transaction had been disclosed.
Sixth acquisition in 5 years
Based within the 1980’s by Julia Silverio, Silverio Insurance coverage has constructed itself right into a full-fledge unbiased company primarily based in Lawrence. The company continues to develop its geographic footprint within the Commonwealth each organically, and thru strategic acquisitions, enhancing its skill to ship distinctive service and sources to its prospects and group members alike.
The Zeller Company marks the sixth company acquisition for Silverio Insurance coverage since 2019. The opposite company acquisitions embody the addition of the Woodcome Insurance coverage Company of Leominster, Miranda Insurance coverage Providers of Woburn, Berube Insurance coverage Company of Haverhill, Immediate Company of Allston, and Alpha Journey & Insurance coverage of Worcester.