Community Bank Systems announced that it had acquired New England-based Thomas Gregory Associates Insurance Brokers (TGA). The TGA specialty line insurance broker is based in the Boston Marketplace and is a property and casualty broker specializing in the food agribusiness industry, which is national. TGA’s assets are acquired by OneGroup New York, a completely owned subsidiary of Community Bank Systems.
OneGroup is the Community Bank Systems Insurance Agency, which has over 200 Advisors and Specialists to provide Risk Management services, business insurance, team member benefits, personal insurance and human capital consulting. Retirement Plan Consulting through its affiliated OneGroup Retirement Advisors from 18 offices in New York, Southern California, Florida, Pennsylvania, and Massachusetts.
TGA represents clients across the United States. The firm specializes in all lines of P&C coverage, also including hard to place personal liability and product recall, particularly firms requiring controlled atmosphere environments.
The president and CEO of TGA, Thomas Gregory III, said they specialized in providing risk management and insurance solutions that reduced the total cost of risk to companies in the agriculture, food processing, life sciences and transportation industries. The expertise is in writing and negotiating manuscript coverage phones with the carrier to cover unique aspects of the risk for each client.
The president and CEO of Community Bank System, Mark E. Tryniski, said they are very excited to partner with the TGA and are a respected and growing provider of personal and specialty-line business risk insurance. These transactions will strengthen and complement their existing OneGroup insurance and risk management service offerings and represent an attractive opportunity to expand their insurance business in New England. They are delighted to welcome the entire TGA team to the Community Bank System organization and look forward to the combined company’s future.
The Community Bank system operates more than 225 customer facilities across upstate New York, northeastern Pennsylvania, western Massachusetts, and Vermont through its banking subsidiary Community Bank N.A.
