EBC - Eastern Bankshares subsidiary acquires Auburn Insurance Agency

Eastern Insurance Group, wholly owned subsidiary of Eastern Bankshares (EBC), acquired the assets of the Auburn Insurance Agency, a full-service, family-owned insurance agency based in Massachusetts.Auburn Insurance specializes in complex commercial insurance coverage program placement and management; property and casualty insurance programs for individuals and businesses in a 16 state program focus.Marking the 31st acquisition for Eastern Insurance since 2002, the transaction is effective Oct.1, 2020.

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Eastern Bankshares subsidiary acquires Auburn Insurance Agency