CHICAGO, March 11, 2022 /PRNewswire/ — Hub Worldwide Restricted (Hub), a number one world insurance coverage brokerage and monetary providers agency, introduced at the moment that it has acquired the belongings of Midland Company Insurance coverage Company (Midland Company Insurance coverage). Phrases of the transaction weren’t disclosed.
Based mostly in Columbia, South Carolina, Midland Company Insurance coverage offers industrial and private insurance coverage, and specializes within the agribusiness trade, which helps Hub’s Specialty practices by complementing and strengthening its present capabilities.
“Midland Company Insurance coverage’s expertise and capabilities will additional strengthen our providers within the area, particularly within the agribusiness sector, by including much more worth to our purchasers who belief Hub to assist them defend what issues most,” stated Tommy Suggs, President and CEO for Hub Carolinas area.
Matthew Flemming, President and Proprietor of Midland Company Insurance coverage, and the Midland Company Insurance coverage workforce will be part of Hub Carolinas.
“With Hub, we sit up for increasing our sources and providers to proceed to develop our enterprise and ship much more worth to our purchasers,” stated Flemming.
Miller Cooper served as monetary advisor to Midland Company Insurance coverage within the transaction.
About Hub’s M&A Actions
Hub Worldwide Restricted is dedicated to rising organically and thru acquisitions to increase its geographic footprint and strengthen trade and product experience. For extra info on the Hub M&A expertise, go to WeAreHub.com.
About Hub Worldwide
Headquartered in Chicago, Illinois, Hub Worldwide Restricted is a number one full-service world insurance coverage dealer and monetary providers agency offering threat administration, insurance coverage, worker advantages, retirement and wealth administration services. With greater than 14,000 workers in workplaces positioned all through North America, Hub’s huge community of specialists brings readability to a altering world with tailor-made options and unrelenting advocacy, so purchasers are prepared for tomorrow. For extra info, please go to www.hubinternational.com.
CONTACT:
Media: Marni Gordon
Cellphone: 312-279-4601
Marni.gordon@hubinternational.com
M&A: Clark Wormer
Cellphone: 312.279.4848
Clark.wormer@hubinternational.com
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SOURCE Hub Worldwide Restricted