Eastern Insurance Group
Eastern Insurance Group is a Pennsylvania-based insurance brokerage offering commercial, personal, and employee benefit insurance programs, operating as a wholly-owned subsidiary of Arthur J. Gallagher & Co. following its July 2024 acquisition.
- Company typePrivate
- Founded1982
- HeadquartersWilkes Barre, United States
- Headcount—
- GTM typeB2B
- OfferingServices
What Eastern Insurance Group does
Eastern Insurance Group is a private insurance brokerage founded in 1982 and headquartered in Wilkes Barre, Pennsylvania. The firm provides commercial insurance, personal insurance, and life, health, and employee benefit programs to clients in its regional market, operating a quote-based brokerage model with carrier appointments across property, casualty, and liability risks. Its core service areas span insurance placement, enterprise risk management and mitigation, claims advocacy, and employee benefits consulting, with specialty modules including cyber liability, crisis resilience, loss control, voluntary benefits, HR and compensation consulting, and retirement plan consulting. The platform follows a core-plus-add-on architecture: foundational coverage and risk advisory capabilities are extended through specialized modules that clients can adopt incrementally.
Eastern Insurance Group firmographics
Firmographics- Name
- Eastern Insurance Group
- Legal name
- Eastern Insurance Group
- Website
- https://easterninsurancegroup.com
- Company type
- Private
- Founded year
- 1982
- Operating status
- Acquired
- Short description
- Eastern Insurance Group is a Pennsylvania-based insurance brokerage offering commercial, personal, and employee benefit insurance programs, operating as a wholly-owned subsidiary of Arthur J. Gallagher & Co. following its July 2024 acquisition.
- Ownership category
- akta.pro rank
Eastern Insurance Group industry classification
Industry- Product category
- Commercial Insurance Brokerage
- NAICS
- Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Commercial Lines Insurance Brokerage (FSAEADAB)
- akta.pro secondary industries
- Retail (Personal Lines) Insurance Brokerage (FSAEADAA), Individual Health Insurance Brokerage & Distribution (FSAIAEAL), Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)
Keywords
Where Eastern Insurance Group is headquartered
LocationHeadquarters
- HQ city
- Wilkes Barre
- HQ country
- United States
- HQ region
- North America
Markets served
Eastern Insurance Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Eastern Insurance Group product offering
Product offeringCore offering
Eastern Insurance Group is an insurance brokerage and risk management firm that provides commercial insurance, personal insurance, and life, health and employee benefit programs. Following its 2024 acquisition by Arthur J. Gallagher & Co., it delivers brokerage services together with risk management consulting, claims advocacy, and HR/benefits consulting modules to commercial and individual clients.
Product overview
Eastern Insurance Group operates as an insurance brokerage and risk management firm that was acquired by Gallagher (Arthur J. Gallagher & Co.), a global insurance brokerage, risk management, and consulting company. Under Gallagher's portfolio, the offering follows a platform-plus-modules architecture centered on core Insurance Services and Risk Management capabilities, supplemented by specialized add-on modules including Claims Advocacy, Cyber Liability Insurance, Crisis Resilience, Loss Control, Health and Welfare Consulting, Voluntary Benefits, Human Resources and Compensation Consulting, and Retirement Plan Consulting. This modular structure allows clients to access foundational coverage while adding specialized risk and benefits management services as needed.
Differentiator
Problem solved
Functional benefit
Products and services
- Insurance Services Multi-line insurance placement covering property, casualty, and liability risks for commercial and individual clients.
- Risk Management Enterprise risk assessment and mitigation strategies for businesses across industries.
- Claims Advocacy Advocacy services assisting clients with insurance claims processing and settlement negotiations.
- Cyber Liability Insurance Insurance coverage for cyber threats, data breaches, and technology-related risks.
- Crisis Resilience Insurance Business continuity planning and crisis response services for organizational resilience.
- Loss Control Loss prevention consulting and safety program development to reduce operational risks.
- Health and Welfare Consulting Employee health benefits strategy, plan design, and administration consulting.
- Voluntary Benefits Voluntary employee benefit programs including supplemental insurance and wellness offerings.
- Human Resources and Compensation Consulting Compensation strategy, job analysis, and HR policy consulting services.
- Retirement Plan Consulting Retirement plan design, compliance, and investment advisory services.
Companies that use Eastern Insurance Group
Customer profileIdeal customer profiles2 records
Eastern Insurance Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Eastern Insurance Group partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- GallaghercoreEastern Insurance Group was acquired by Gallagher as part of Gallagher's strategy to expand its brokerage network and improve its ranking among the world's largest insurance brokers. This acquisition contributed to Gallagher moving up to third place in AM Best's ranking of the world's largest insurance brokers.
Recent moves4 records
Expansion highlights4 records
Eastern Insurance Group competitors and assessment
Company assessmentDirect peers
- Brown & Brown, Inc. NYSE-listed national insurance broker built through a roll-up of regional agencies offering commercial, personal, benefits, and specialty programs — directly comparable to Eastern Insurance Group's multi-line regional brokerage model.
- AssuredPartners: Large U.S. insurance brokerage focused on commercial P&C, personal lines, and employee benefits across regions, built through aggressive acquisition of mid-sized agencies — the closest functional twin to Eastern's commercial/personal/health mix.
- USI Insurance Services: Middle-market-focused insurance brokerage and benefits consulting firm offering commercial P&C, personal lines, and employee benefits — highly comparable to Eastern across product lines and customer segments.
- Hub International: North American insurance brokerage serving commercial, personal, employee benefits, and wealth management clients via a network of regional offices — directly comparable in geographic dispersion and product breadth.
- Acrisure: Fast-growing U.S. insurance brokerage serving commercial, personal, employee benefits, and cyber/specialty risks; comparable to Eastern as a multi-line agency with strong commercial emphasis and accelerated acquisition growth.
- Lockton Companies: Largest privately-held insurance brokerage in the world, focused on commercial P&C, employee benefits, and risk management — comparable to Eastern on commercial-leaning product mix and benefits consulting.
Broad incumbents
- Arthur J. Gallagher & Co. Global insurance brokerage, risk management, and consulting firm and parent of Eastern Insurance Group; a direct competitor to other regional brokerages and the dominant platform Eastern now operates within.
- Marsh McLennan: World's largest insurance broker and risk advisor offering commercial P&C, personal lines, employee benefits, and consulting — a broad incumbent whose agency operations overlap directly with Eastern's offerings.
- Aon plc: Global professional services firm offering insurance brokerage, reinsurance, risk management, and retirement/benefits consulting; highly comparable to Eastern's commercial lines + retirement plan consulting combination at much greater scale.
Regional players
- Hilb Group: Mid-Atlantic focused property and casualty, personal lines, and employee benefits agency grown via acquisition; closely comparable regional concentration and multi-line product mix to Eastern Insurance Group's Wilkes-Barre-rooted book.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
Eastern Insurance Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
Eastern Insurance Group leadership team
Management profileNumber of profiles
Eastern Insurance Group funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Eastern Insurance Group M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Eastern Insurance Group
What does Eastern Insurance Group do?
Eastern Insurance Group is an insurance brokerage and risk management firm that provides commercial insurance, personal insurance, and life, health and employee benefit programs. Following its 2024 acquisition by Arthur J. Gallagher & Co., it delivers brokerage services together with risk management consulting, claims advocacy, and HR/benefits consulting modules to commercial and individual clients.
Is Eastern Insurance Group a public or private company?
Eastern Insurance Group is a private company. It is classified as corporate owned and is currently acquired.
When was Eastern Insurance Group founded?
Eastern Insurance Group was founded in 1982.
Where is Eastern Insurance Group based?
Eastern Insurance Group is headquartered in Wilkes Barre, United States, in the North America region.
Who are Eastern Insurance Group's main competitors?
Direct peers on record are Brown & Brown, Inc., AssuredPartners, USI Insurance Services, Hub International, Acrisure and Lockton Companies. Broad incumbents are Arthur J. Gallagher & Co., Marsh McLennan and Aon plc. Hilb Group is listed as a regional player.
Does Eastern Insurance Group have an API?
No public API is recorded for Eastern Insurance Group.
What industry is Eastern Insurance Group in?
Eastern Insurance Group's product category is Commercial Insurance Brokerage. Its primary akta.pro industry code is FSAEADAB, Commercial Lines Insurance Brokerage, with a secondary code of FSAEADAA, Retail (Personal Lines) Insurance Brokerage. Its NAICS code is 52421 and its SIC code is 6411.