Cross Insurance Closes Tenth Acquisition of 2011

Cross Insurance, a subsidiary of Cross Financial Corp., has acquired Watson Insurance Agency. Both companies provide insurance and risk management services for commercial P&C insurance, personal insurance and employee benefits.

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Cross says that Watson Insurance stands ready to assist clients – large and small –by finding creative solutions, tailored to their ever-changing emerging needs. Cross adds that it remains privately held with more than 500 employees stationed in New England.

In March 2011, Cross Insurance acquired Mazonson Insurance in Wakefield, Mass., and in May, it acquired Thomas Gregory Associates Insurance Agency, a privately held insurance brokerage firm, to form TGA Cross Insurance in Wakefield. The agency has more than 50 employees in their Wakefield office.

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