Longtime agency changes name to reflect new direction; CEO Peter Cook to head agency through period of growth
MARSHFIELD, MA, ISSUED JANUARY 18,2013...Cook & Company, Inc., a firm providing multi-faceted insurance services with an eye toward controlling costs, announced today that it has completed its corporate restructuring and is changing the name of the firm to Cook & Company Insurance Services, Inc., effective immediately.
Under the restructuring, the two separate companies — Cook & Company, Inc. and Cook & Company Insurance Agency, Inc., will be merged into the single entity. Under the new entity, Peter Cook will serve as Chief Executive Officer. And, following the restructuring, all 48 employees will remain with the new company.
The change, which had been in the works for the better part of a year, was undertaken to better position the agency to react to changes in the insurance industry. "In particular, there are sweeping changes coming in healthcare insurance," Mr. Cook said, "and the new structure will enable us to expand our services and our market share on more of a global platform."
Reflecting on the changing industry, Cook noted that another goal for Cook & Company Insurance Services, Inc. will be a further expansion into the private sector for some of the services that it provides.
About Cook & Company Insurance Services, Inc.
Since 1979,Cook & Company Insurance Services, Inc. (formerly known as Cook & Company, Inc.) has provided multi-faceted insurance products and consulting services to a wide range of end users. Clients served include municipalities, private sector companies, and organizations in health care, banking, financial services, and more. The firm has grown from its early specialty of claims monitoring to one that offers a variety of professional services including risk management, insurance, and consulting services throughout New England and beyond. Cook & Company has a Workers' Compensation Division, Claims Recovery Division, Health Plan Management Group, Reinsurance Division, Financial Institutions Liability Practice, and Employee Benefits Division. Another segment that Cook & Company specializes in is cases involving claims for police and firefighters injured on duty. This 48-employee firm maintains offices at 1025 Plain Street, Marshfield, MA 02050. For additional information, please call 781-837-7300 or visit www.cookandcompany.com