• Creating a Stronger Platform for Growth: Gore has grown rapidly but would need access to capital for continued growth. Joining forces with Beneva will provide the capital and strong foundation for future growth, benefiting members and communities alike.
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• Better Management of Insurance Risk Through Diversification: The merger will create a more resilient group with broader geographical reach, a varied portfolio of insurance products, and greater financial scale, significantly mitigating insurance risk from natural catastrophes.​

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• Commitment to Mutual Model: The combined company will offer a meaningful alternative to shareholder-driven insurers, focusing on diverse and competitively priced products while building strong relationships with members and brokers.​

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• Fair and Equitable Treatment of Policyholders: All policyholders will be treated fairly and equitably, with no changes to existing property and casualty coverage. Members will join Beneva, retaining their governance rights and gaining enhanced access to additional products and governance participation opportunities.​

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• Preserving Gore’s Impact for Members, Employees and Communities: Gore—combined with Beneva-owned Unica Insurance—will operate as a separate subsidiary with a distinct board of directors, ensuring continuity. It will maintain Gore’s historic commitment to Cambridge and support for local communities.