Cross Insurance is a family-owned insurance company established in 1954 by Woodrow W. Cross and continues to be operated by the family. The company is based in Bangor, Maine and operates with over 1,000 employees across the Northeastern United States. The company's slogan, "Your Team, Your Choice," reflects its commitment to protecting families, businesses, and employees with a range of insurance options including personal insurance, commercial insurance, employee benefits, and bonds. The company's impressive track record is highlighted by its ranking as the 27th Largest Broker of U.S. Business according to Business Insurance report of '20 and as the 2nd Largest Insurance Broker in Massachusetts by the Boston Business Journal in '22. Notably, Cross Insurance is the Official Insurance Broker for several prominent sports teams, including the New England Patriots, Gillette Stadium, the Boston Bruins, the Boston Red Sox, and New England Revolution. With its long-standing presence and strong market position, Cross Insurance presents an attractive investment opportunity in the financial services and insurtech sectors. Given their leadership in the insurance industry and impressive business performance, potential investors may find Cross Insurance to be a compelling option for investment.
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