LANSDALE, PA — Union Bay Acquisition LLC recently announced the acquisition of Maple Insurance Group, based in Harrisburg, Pennsylvania, marking its fifteenth acquisition overall and fourth within the state. While terms of the deal remain undisclosed, this strategic move is expected to enhance Union Bay’s capabilities in the property-casualty insurance sector.
Gulraiz Sultan, President of Maple Insurance Group, expressed confidence in the merger, stating that it will benefit all stakeholders, including insureds and insurance partners. Douglas M. Polley, Chairman of Union Bay Acquisition, welcomed the new team, highlighting their expertise and potential to bolster Union Bay’s portfolio. The acquisition underscores Union Bay’s commitment to expanding its reach and expertise in the insurance market.
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