Charles River Insurance coverage opens in Leominster

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LEOMINSTER — A ribbon-cutting ceremony was held final Friday to rejoice the opening of Charles River Insurance coverage at 29 Foremost St.

“To this point, being downtown Leominster, we now have had many guests from first responders who’re invited in at any time for a cup of espresso or to heat up, new clients, lifelong clients, and different enterprise house owners simply checking the place out,” mentioned Ryan Logan, one of many principal house owners of Charles River Insurance coverage Brokerage Inc. “We encourage our clients to come back take a look at our new workplace and see the identical faces they’re accustomed to.”

The opposite two principal firm house owners, Tom Groth and Tom Vocatura, are within the Framingham workplace, the place there are round 40 staff. Logan mentioned additionally they have one proprietor, Gerry Kennedy, who’s cost of their specialty packages resembling Hashish Insurance coverage. There are 17 staff on the Leominster department, which was moved from Fitchburg the place they had been renting a constructing that the owner determined to promote.

Charles River Insurance coverage at 29 Foremost Road in Leominster formally opened final week. (COURTESY CHARLES RIVER INSURANCE)

“It was an incredible alternative to totally tackle the Charles River model and transfer to Leominster,” Logan mentioned. “As a lifelong resident, I’ve all the time thought we would slot in properly on this neighborhood as properly. It’s a completely different view out the entrance window for positive with the site visitors, passersby, and naturally the sirens.”

He mentioned they’ll stay energetic within the Fitchburg neighborhood with varied sponsorship, boards and neighborhood occasions.

“It was a tricky transfer leaving Fitchburg as we now have 96 years of enterprise there,” Logan mentioned.

Logan brings a whole lot of insurance coverage expertise with him, having labored for Scott Foster who owned Foster Insurance coverage. In 2015, Logan determined he needed to buy the company from Foster however discovered “it was tough to search out the funding wanted to take action.”

“Charles River has been round within the Metro West space since 1998,” Logan mentioned. “I used to be ready, with household connections to one of many house owners of Charles River, create a partnership with them and Hometown Financial institution to buy the company and in 2016 we formally closed the deal. Since then, we now have slowly transitioned the title of the Fitchburg location from Foster to Charles River.”

Logan mentioned that whereas he is aware of folks have loads of choices today in relation to insurance coverage protection, he feels one facet that units Charles River aside is its “unbelievable workers.”

Metropolis officers, workers, and extra gathered final week at Charles River Insurance coverage on Foremost Road in Leominster for a ribbon slicing ceremony. (COURTESY LEOMINSTER COMMUNITY DEVELOPMENT)

“Their insurance coverage data is what permits us to develop on the charge we now have” he mentioned. “We pleasure ourselves on schooling and plenty of of our workers have the very best designations the business affords. We even have an incredible workers of producers who go to see their purchasers and cater to them straight, which is actually a plus for a busy enterprise proprietor to have the service come to them.”

As well as, Logan mentioned they’ve over 40 direct partnerships with insurance coverage firms for private and industrial insurance coverage.

“That’s necessary when advertising and marketing a shopper’s account,” he mentioned.

For extra info, go to and comply with Charles River Insurance coverage – Central Mass on Fb and Instagram.

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