Hub acquires Florida-based insurance coverage company

Hub Worldwide Restricted (HUB), a global insurance coverage brokerage and monetary providers agency, has introduced its acquisition of the Florida-based insurer Gross sales Insurance coverage Company (Sale Insurance coverage).

Following the acquisition, Sale Insurance coverage president Robert Sale, Sale Insurance coverage vp Brittany Sale, and all the Sale Insurance coverage staff will likely be becoming a member of Hub Florida.

“With HUB, we’re excited to vastly broaden our sources and providers, whereas persevering with to develop our enterprise and to ship much more worth to our purchasers,” stated Robert Sale.

Whereas phrases in regards to the transaction haven’t been disclosed, consulting agency MarshBerry was revealed to have represented Sale Insurance coverage. Following the deal, the acquired agency will likely be known as a Hub Worldwide firm.

Sale Insurance coverage is a boutique, family-owned and operated unbiased insurance coverage company. It offers business insurance coverage for companies in addition to excessive web price private insurance coverage for its personal purchasers.

Hub Worldwide Restricted is a full-service world insurance coverage dealer and monetary providers agency that gives danger administration, insurance coverage, worker advantages, retirement and wealth administration services.

Hub has been persevering with its development by means of latest acquisitions of companies comparable to Onecap Companies and SATS, LLC, Bolds Danger & Insurance coverage Companies, Zavitz Insurance coverage and Wealth, and Morin Insurance coverage Company.

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