Jan. 14--New England independent insurance provider Cross Insurance, a subsidiary of Cross Financial Corp., said today it has created an office in Boston specializing in higher education's insurance and risk management needs.
Located at 930 Commonwealth Ave., the office employs a dozen specialists. Insurance industry veteran Beverly Costello has been hired to manage and direct Cross Insurance Boston.
Prior to joining Cross, Costello was the national placement leader for Marsh USA Education Industry Practice, responsible for managing a team of brokers dedicated to education clients.
The Boston office will help clients manage associated risks such as research laboratories, campuses in other countries, large university-affiliated museums and extensive endowments.
Cross Insurance owns and operates two other offices in Massachusetts -- Cross Insurance in Peabody and TGA Cross in Wakefield.
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