Hub acquires Florida-based insurance coverage company

Hub Worldwide Restricted (HUB), a world 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 vice chairman Brittany Sale, and your complete Sale Insurance coverage workforce will likely be becoming a member of Hub Florida.

“With HUB, we’re excited to tremendously develop our assets and providers, whereas persevering with to develop our enterprise and to ship much more worth to our shoppers,” stated Robert Sale.

Whereas phrases concerning 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 impartial insurance coverage company. It gives industrial insurance coverage for companies in addition to excessive web value private insurance coverage for its non-public shoppers.

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

Hub has been persevering with its development via latest acquisitions of companies akin to Onecap Companies and SATS, LLC, Bolds Threat & Insurance coverage Companies, Zavitz Insurance coverage and Wealth, and Morin Insurance coverage Company.

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