For Immediate Release
For Further Information:
Stefan Petrella, SPetrella@starshep.com
Starkweather & Shepley Acquires MacDonald & Vaccaro Insurance Agency
EAST PROVIDENCE, RI – September 18, 2024 – Starkweather & Shepley Insurance Brokerage Inc. (Starkweather) is pleased to announce the recent acquisition of MacDonald & Vaccaro Insurance Agency, Inc. (MacDonald & Vaccaro). Located in Burlington, MA, MacDonald & Vaccaro is a leading provider of Professional Liability and Directors & Officer Liability insurance for Human Services Organizations. “When we were considering potential acquirers, it was imperative that we align ourselves with a partner that has a strong commitment to Human Service organizations, stated Bob MacDonald”. “Starkweather’s longstanding commitment to their clients, particularly their Human Service organization clients was the deciding factor for us, stated Frank DiTucci, Vice President, MacDonald & Vaccaro”.
“We are extremely excited to have MacDonald & Vaccaro join the Starkweather team and for our organizations to collectively expand the resources afforded to our Human Service clients” added Andrew Fotopulos, Chairman of Starkweather & Shepley.
MacDonald & Vaccaro Insurance, now a division of Starkweather & Shepley, will continue to service clients from their Burlington MA location.
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About Starkweather & Shepley Insurance Brokerage, Inc.
Established in 1879, Starkweather & Shepley is the largest independent insurance agency in Rhode Island and the 61st largest insurance brokerage firm in the United States. Consistently ranked among the Top 10 Best Places to Work in Insurance by Business Insurance Magazine, the firm provides comprehensive insurance solutions for a variety of industries, including commercial and personal insurance, health and employee benefits, and surety bonding and risk management services, nationally and internationally through the firm’s partnership with Assurex Global. Starkweather & Shepley has been held in Trust since 1935, ensuring that the firm will remain privately held in perpetuity, providing certainty and continuity for clients and associates alike. Starkweather & Shepley is headquartered in East Providence, RI, with additional offices in Providence, Newport, Middletown, and Westerly, RI; Bristol and Shelton, CT; Burlington, Sturbridge, Westwood, and Martha’s Vineyard, MA, and Palm Beach Gardens and Naples, FL. For more information, visit starshep.com.
