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Bradley & Parker acquires Profile Coverage

Profile Coverage is an insurance agency/broker offering risk management

Bradley & Parker, an insurance agency/broker, has acquired Profile Coverage and its affiliated companies, located in Ronkonkoma, New York.

Profile Coverage is an insurance agency/broker offering risk management, commercial and personal property/casualty, life and health insurance services to its clients on Long Island and in the metropolitan New York area.

According to Bradley & Parker, Profile Coverage will continue to operate in its current Ronkonkoma location and will become Bradley & Parker’s Suffolk county office. Steve Fuoco will be vice president and branch manager. Lou Pellegrino, president of Profile Coverage, will remain as an executive consultant to Bradley & Parker.

Mystic Capital Advisors Group acted as financial advisor to Profile Coverage for the transaction and David Black was the advisor to Bradley & Parker. Lloyds of London and other specialty markets allow Bradley & Parker to provide insurance and financial services.

Wayne Nowland, executive vice president of Bradley & Parker, said: The acquisition of Profile Coverage allows us to expand into Suffolk county and uniquely positions the combined firm to collectively better service our current clients and expand our client base by offering access to more insurance companies. Additionally, we are adding to our talent base of professionals through this acquisition.