Woodbridge-based Plymouth Rock Assurance announced Friday it has finalized its acquisition of Springfield-based motorcycle insurance carrier Rider Insurance Co.
Rider is the largest motorcycle insurance provider in New Jersey, Plymouth said, and the only carrier exclusively serving the motorcycle community.
“We look forward to focusing on the motorcycle insurance segment of the business and expanding our current product offerings,” Gerry Wilson, CEO and president of Plymouth Rock Management Company of New Jersey, said. “Plymouth Rock and Rider share a common history built on trust and reliability, and we’re excited to welcome a new group of customers and riding enthusiasts to Plymouth Rock.”
Plymouth Rock said it is now looking to expand more on its motorcycle insurance business.
Financial terms were not disclosed.
