Maury, Donnelly & Parr, Kastendike Insurance Group Acquire Northeastern Underwriters

Maury, Donnelly & Parr Inc. (MDP) and the Kastendike Insurance Group (KIG) has acquired Connecticut-based Northeastern Underwriters LTD. (NEU). The transaction became effective January 1, 2021.

As part of the transaction, NEU will continue to work out of its existing location in Madison, Connecticut.

Together, the MDP, KIG and NEU team aims to add value to its client base via new carrier access points, streamlined technology investments, dedicated service teams, in-house risk management team, loss control team, in-house claims management, maritime expertise and strong commitment to protecting its clients.

Source: Maury, Donnelly & Parr Inc.