NAUGATUCK — Ion Insurance Corp. will relocate its headquarters to a larger and more visible location in downtown Naugatuck next month, the company has announced. The company will move from its current location at 270 Church Street to new digs at 24 Cherry Street, announced David Rotatori, president of Ion Insurance and chief financial officer of Ion Bank, the insurance agency’s sister company. At 5,000 square feet, the new location will provide the company with a 21-percent increase in usable office space, he said.

Ion Insurance also last month acquired Drescher Insurance of Cheshire (see story this issue).