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Eastern Bankshares, Inc Announces Agreement to Sell the Insurance Operations of Eastern Insurance Group, LLC to Arthur J Gallagher & Co and Enters Into Definitive Agreement to Merge with Cambridge Bancorp

Strategic Repositioning Strengthens Market Position as Greater Boston’s Leading Community Bank .

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Arthur J Gallagher To Buy Eastern Insurance Group

Arthur J Gallagher To Buy Eastern Insurance Group
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Eastern Bank aims to keep growing with Cambridge Trust acquisition

The move will beef up the Boston-based bank’s wealth management operation while divesting its slower-growing insurance business.

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Cambridge Bancorp Enters Into Definitive Agreement to Merge with Eastern Bankshares, Inc

CAMBRIDGE, Mass., Sept. 19, 2023 /PRNewswire/ Cambridge Bancorp , the parent company of Cambridge Trust Company , and Eastern Bankshares, Inc. , the stock holding company for Eastern Bank,.

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Arthur J Gallagher & Co Signs Agreement to Acquire Eastern Insurance Group, LLC

Arthur J Gallagher & Co Signs Agreement to Acquire Eastern Insurance Group, LLC
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