Hub International Acquires Assets of Stop Loss Insurance Brokers and Berkeley Insurance Brokers

Hub International Acquires Assets of Invensure Insurance Brokers

December 7, 2022

Insurance

Hub International Limited acquired the assets of Invensure Insurance Brokers, Inc., a privately held insurance and risk management firm headquartered in Irvine, California. The Invensure team, including CEO Robert Parent and EVP Charlene Richards, will join Hub’s Los Angeles/Orange County operations; terms were not disclosed and MarshBerry served as financial advisor to Invensure.

Hub International Acquires Commercial Insurance Brokers, Inc.

January 15, 2021

Insurance

Hub International Limited acquired the assets of Commercial Insurance Brokers, Inc., a locally owned independent insurance agency based in El Paso, Texas. Company leaders including President Ken Foster and Vice Presidents Maggie Foster, Richie Grodin and Martha Ramirez will join Hub Texas; terms were not disclosed.

Hub International Acquires Integrated Benefits Group Insurance Brokerage, Inc.

July 12, 2024

Insurance

Hub International Limited acquired the assets of Integrated Benefits Group Insurance Brokerage, Inc. (IBG), an employee and group benefits broker based in Stoneham, Massachusetts. The IBG team, led by CEO Tony Maffeo, will join Hub New England; financial terms were not disclosed.

Hub International Acquires Assets of Winter Harbor Insurance Group

August 25, 2022

Insurance

Hub International Limited has acquired the assets of Winter Harbor Insurance Group, LLC, an independent insurance agency based in Woburn, Massachusetts. The deal expands Hub's commercial and personal insurance capabilities in New England; Winter Harbor's president, Jimmy Aiken, will join Hub New England. Terms were not disclosed.

Hub International Acquires LSM Insurance Services Ltd.

March 5, 2020

Insurance

Hub International Limited has acquired LSM Insurance Services Ltd., a Markham, Ontario-based online provider of life and health insurance solutions that specializes in the hard-to-insure market. Terms were not disclosed; Lorne Marr, owner and director of LSM, will join Hub Financial Inc. as part of the transaction as Hub continues to expand its geographic footprint and product capabilities in Canada.

Hub International Acquires Assets of The Spofford Group Insurance Brokerage, Ltd.

December 17, 2021

Financial Services

Hub International Limited acquired the assets of The Spofford Group Insurance Brokerage, Ltd., a Hingham, Massachusetts-based specialty insurance broker focused on management liability and financial institutions. Rob Spofford and the Spofford Group team will join Hub New England to deepen Hub’s financial institutions specialty practice; terms were not disclosed.