World brokerage Hub Worldwide Restricted has introduced that it has acquired the property of South Carolina-based Midland Company Insurance coverage Company. The phrases of the transaction weren’t disclosed.
Midland Company Insurance coverage supplies industrial and private insurance coverage, with a specialization in agribusiness. The acquisition helps Hub’s specialty practices by complementing and strengthening their 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 of the Hub Carolinas area.
Learn subsequent: Hub swoops for Washington state agency
Matthew Flemming, president and proprietor of Midland Company Insurance coverage, and his group will be a part of Hub Carolinas.
“With Hub, we look ahead to increasing our assets and providers to proceed to develop our enterprise and ship much more worth to our purchasers,” Flemming stated.