Patriot Growth swoops for Connecticut agency

Deal will "add services and products to our offering," agency principal says

Patriot Growth swoops for Connecticut agency

Mergers & Acquisitions

By Ryan Smith

Patriot Growth Insurance Services, one of the largest and fastest-growing insurance services firms in the US, has announced that Connecticut-based Olde Liberty Insurance has joined the Patriot network.

Olde Liberty will be supported by Koverage Insurance Group, a Patriot partner agency also based in Connecticut. Koverage is a full-service insurance agency that provides property-casualty insurance, personal lines coverage and employee benefits programs in more than 25 states.

Founded in 2013, Olde Liberty provides commercial and personal insurance services. It is led by principal Andrew Borner, who will remain with the company.

“I’m excited to join the Koverage and Patriot teams,” Borner said. “Their platform will add services and products to our offering that will benefit our clients, and their experience and support will allow us to focus on providing the exceptional customer service our clients have come to expect.”

“Olde Liberty is a great complement to Koverage locally and to Patriot nationally,” said Steve Carroll, senior vice president at Patriot Growth Insurance Services. “This partnership also further accelerates Koverage’s already impressive growth, making them both great partners.”

Founded in 2019, Patriot Growth has more than 1,600 employees operating in 125 locations across 24 states. In June of 2022, it acquired New York-based NXG Insurance Agency Group. In May, it snapped up two Massachusetts firms.

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