BANGOR — Cross Insurance, a subsidiary of Cross Financial Corp., and one of the largest independent insurance providers in New England, announces the acquisition of Skillings Shaw & Associates of Lewiston, a bond specialty agency providing fidelity and surety bonds.
The purchase continues the strategic expansion plans of Bangor-based Cross Insurance and broadens the bond offerings now available to Cross customers.
Under terms of the acquisition, Skillings Shaw & Associates will operate as an independent subsidiary of Cross Financial, retaining its name and product line. Robert Shaw will continue as president, and all personnel, many of whom are well-known in the industry for their considerable experience in commercial and construction bonding, also will be retained by Cross Insurance.
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