Hub International Acquires the Assets of Ion Insurance Corporation
May 10, 2021
Hub International Limited acquired the assets of Ion Insurance Corporation, a Cheshire, Connecticut-based independent insurance agency. The Ion Insurance team will join Hub New England; the sale was intended to provide additional capital to Ion Bank and support Hub's expansion in Southern New England.
- Buyers
- Hub International Limited
- Targets
- Ion Insurance Corporation
- Sellers
- Ion Bank, Ion Financial, MHC
- Industry
- Insurance
- Location
- Connecticut, United States
- Transaction Type
- Buyout
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