Community Bank System has announced that it has acquired the assets of New England-based Thomas Gregory Associates Insurance Brokers (TGA), a property and casualty broker specializing in the food and agribusiness industries. TGA’s assets were acquired by OneGroup, a wholly-owned subsidiary of Community Bank System.
TGA represents clients across the country. The firm specializes in all lines of P&C coverage, including hard-to-place professional liability and product recall, particularly for firms requiring controlled atmospheres and environments.
“We specialize in providing risk management and insurance solutions which reduce the total cost of risk for companies in the agricultural, food processing, life science and transportation industries,” said Thomas Gregory III, president and CEO of TGA. “Our expertise is in writing and negotiating manuscript coverage forms with carriers to cover the unique aspects of the risks for each client.”
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OneGroup is Community Banking System’s insurance agency subsidiary. It provides risk management services, business insurance, personal insurance, employee benefits and human capital consulting, as well as retirement plan consulting through its affiliate, OneGroup Retirement Advisors. OneGroup operates through 18 offices located in New York, Pennsylvania, South Carolina, Florida and Massachusetts.
“We are thrilled to be part of OneGroup, which brings us the assets and scale to better serve our clients’ needs,” Gregory said.
