Salem, Mass.-based financial services company Salem Five said it has acquired Lexington, Mass.-based Otis Brown Insurance Agency. Terms were not disclosed, but Salem Five said the agency will now operate as part of Salem Five Insurance, and Richard and Greg Beamon will continue to manage the agency's Lexington office.
New York City-based global risk and reinsurance specialist Guy Carpenter & Co. LLC said it has partnered with Mountain View, Calif.-based cybersecurity company Symantec Corp. to create a cyber aggregation model to market to insurers and reinsurers.
Jacksonville, Fla.-based property and casualty insurer Main Street America Group said it is offering its Main Street Protection Auto, a new private passenger auto insurance program for the preferred/standard marketplace, through its network of independent insurance agents throughout Connecticut and New Hampshire.
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