Davis & Towle Insurance Group, headquartered in Concord, NH with 12 locations across New Hampshire and Maine, is pleased to announce their recent acquisition of First Benefits, Inc. With this acquisition, Julie Cyr, a previous Owner of First Benefits, has accepted a position with Davis & Towle’s benefits team where she will continue to serve her First Benefits clients, and connect new group clients to Davis & Towle’s network of employee benefit offerings.
First Benefits, Inc. is an independent employee benefits brokerage agency that’s been representing clients and insurance carriers on a state specific, regional, national and international basis since 1990. First Benefits specializes in the design, installation and ongoing servicing of small and large employer sponsored group employee benefit plans.
Cyr brings with her over 30 years’ experience in employee benefits specializing in the design, installation, and ongoing servicing of small to mid-size employer sponsored group employee benefit plans including medical, dental, life, disability, Health Savings Accounts (HSA), and more.
About the decision to sell the business to Davis & Towle and join their team, Cyr explains, “After years of running an agency and all that entails, it was time to make a change. It was important to us to find an agency who shared our values and passion for service, and after meeting with Davis & Towle, we knew they were the right fit.”
First Benefits employer group clients will not experience any delay in service from this change with complete continuity of service from Cyr; just now under the Davis & Towle name, which promises the same local, relationship-based services First Benefits clients enjoy.
Davis & Towle CEO, Chris Nicolopoulos comments, “Acquiring First Benefits is a great opportunity to not only expand Davis & Towle’s employee benefits services, but to add an extraordinary agent like Julie Cyr to our team. We are excited to have her on board and welcome First Benefits clients to the Davis & Towle family.”