Hub International Acquires Oxford Coverage in New York

Hub International Limited, a global insurance brokerage, announced that it has acquired the operations of Oxford Coverage in Brooklyn, New York. Terms of the acquisition were not disclosed.

Oxford Coverage is a brokerage that specializes in providing commercial lines insurance services for the nursing home and assisted living industry.

Oxford Coverage said joining Hub International would allow the firm to offer its existing clients more robust coverage options, access to additional markets, and additional value-added services. Oxford President Joseph Schwartz and the Oxford staff will join Hub International as part of the transaction.

Headquartered in Chicago, Hub International is an insurance brokerage that provides property/casualty, life and health, employee benefits, investment and risk management products and services through offices located across North America.