CHICAGO, July 27, 2022 /PRNewswire/ — HUB Intercontinental Restricted (Hub), a leading full-provider global insurance brokerage and financial companies company, announced today that it has acquired the belongings of Quit Loss Insurance policies Brokers, Inc. and Berkeley Coverage Brokers, Inc. (collectively, Halt Reduction Insurance coverage Brokers). Terms of the transaction were not disclosed.
Situated in Boston, Massachusetts, Prevent Decline Insurance policies Brokers is a major independent broker for health-related prevent loss for the self-funded municipal market place and businesses through Massachusetts and New England.
“We are thrilled to increase such a proficient group which expands our experience in each products and the General public Entity marketplace,” claimed Shawn McLaughlin, President of Hub New England. “We are thrilled to have Denise Doyle and the proficient Prevent Loss Insurance Brokers group be a part of Hub’s positive aspects follow.”
“Hub is a excellent fit for our business,” claimed Denise Doyle, President of Halt Loss Insurance Brokers. “We are happy to be partnering with Hub to be in a position to present our clientele with obtain to their several programs and marketplaces.”
Prevent Loss Coverage Brokers was represented by the consulting business Authentic Advisors for the transaction.
About Hub’s M&A Functions
Hub Intercontinental Minimal is committed to increasing organically and by acquisitions to expand its geographic footprint and reinforce field and merchandise abilities. For additional info on the Hub M&A experience, visit WeAreHub.com.
About Hub International
Headquartered in Chicago, Illinois, Hub International Limited is a leading comprehensive-support world wide coverage broker and financial solutions organization delivering risk management, insurance policy, employee positive aspects, retirement and prosperity administration products and solutions and expert services. With extra than 14,000 personnel in places of work situated all through North America, Hub’s large network of professionals delivers clarity to a shifting entire world with customized remedies and unrelenting advocacy, so shoppers are prepared for tomorrow. For extra info, you should stop by www.hubinternational.com.
Make contact with:
Media: Jessica WiltseTelephone: 312-596-7573
M&A: Clark WormerMobile phone: 312-279-4848
See primary content to down load multimedia:https://www.prnewswire.com/information-releases/hub-intercontinental-expands-health care-end-loss-services-with-acquisition-of-the-property-of-prevent-loss-insurance coverage-brokers-inc-in-massachusetts-301594123.html
Supply Hub Global Restricted