On the heels of its expansion into Pennsylvania, Plymouth Rock Assurance is set to bring its approach to auto and home insurance into New York. Already servicing five northeastern states, Plymouth Rock will introduce drivers in the Empire State to its unique offerings.
In 2017, the Plymouth Rock Group of Companies had annual revenues of $1.3 billion from writing and managing auto and home insurance in Connecticut, Massachusetts, New Hampshire, New Jersey and Pennsylvania.
“As a native New Yorker, I’ve wanted to bring our company to New York for a very long time,” said Hal Belodoff, president of the Plymouth Rock Group of Companies. “From day one of our company’s existence, we’ve focused on providing new ways to improve our customers’ insurance experience … We are eager to bring those offerings to drivers – and later this year to homeowners – in New York.”
Having earned regulatory approval from the New York department of financial services, the company’s initial entry into the state was done through the acquisition of 21st Century National Insurance Company and its New York private passenger auto business.
“We very much appreciate the support and guidance provided by the New York Department of Financial Services throughout the entire application process,” said Belodoff. “We are excited to begin our expansion into the State of New York.”
Later this year, pending further regulatory approval, the company intends to offer auto and home insurance policies to new customers in New York.