United Insurance, based in Portland, Maine, has announced its acquisition of Barresi Financial, a financial services and retirement advisory firm. Barresi has offices in Bangor and Presque Isle, and this deal will bring its team of 10 associates into the United Insurance family.
Zack Frechette, the CEO of United Insurance, shared the news, highlighting how this addition will enhance their offerings in business and personal insurance, as well as employee benefits. Barresi Financial serves over 200 groups and has more than 3,000 individual clients, which will significantly expand United’s client base.
United Insurance already has a strong presence in Maine and New Hampshire, employing more than 150 insurance professionals across multiple locations. This acquisition follows another recent purchase, where United acquired six offices from Kimball Korp in various towns, including Lewiston and Farmington.
This move reflects United Insurance’s commitment to growth and improving services for its clients. By integrating Barresi Financial’s expertise and client relationships, United aims to strengthen its position in the financial services market.