C & R Insurance Acquires Garden State Professional Insurance and FLAG Insurance Services

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(Newswire.net — November 17, 2014) Wayne,, Pennsylvania — Founded in 1999 and located in Freehold, NJ, Garden State offers various coverages, including professional liability insurance for attorneys and law firms, accountants, non-profit organizations, real estate agents and title professionals.  Garden State’s customers are located predominantly in New Jersey, with FLAG Insurance serving customers located mainly in Florida, New York and Pennsylvania and coming soon, Connecticut.   Garden State and FLAG Insurance Services have over 2,400 combined customers and $10 million in annual premium.

Garden State’s principal operations will remain in Freehold, NJ, and industry expert, Mark Diette, will remain as President.  Diette commented, “Garden State has a long history of providing superior service to customers, agents and carriers, as does C & R, and we look forward to embracing the potential that the combination of the two firms has to provide even greater service to all we serve.”  Garden State and FLAG will continue to expand their current presence in New Jersey, Florida, New York and Pennsylvania.

 
Michael Rothman, C & R’s President, said:  “The acquisition of Garden State and FLAG by C & R will combine the strengths of these well-established agencies that have a great deal of common ground and complementary strategic direction.  We believe that combining and leveraging the outstanding depth and talents of our respective staffs, along with the business contacts and networks of these agencies, will result in strong growth with our carrier partners.”

About C & R Insurance Services, Inc.

Since 1995, C & R Insurance Services has been servicing the professional liability insurance needs of physicians and lawyers.  With over 4,300 insureds and over $35 million in annual premium, C & R Insurance is one of the leading professional liability insurance authorities in the Northeast United States.

 

Media Contact: Tom Kozlowski

Phone: 856-424-7222

 

 
Wayne,, Pennsylvania United States 19087

800 637 7543
info@crinsurance.com