Global insurance brokerage Hub International Limited has acquired The TAMRAC Group Inc. (TAMRAC). Terms of the transaction were not disclosed.
Headquartered in Hunt Valley, Md., TAMRAC specializes in personal insurance and commercial insurance. It provides insurance products for businesses in the automobile service and repair, cannabis, food and hospitality industries.
Following the acquisition, TAMRAC President Keith Erdman will join Hub Mid-Atlantic and report to Hub Mid-Atlantic President Norman Breitenbach.
Source: Hub International Limited
Topics Mergers & Acquisitions Maryland
Was this article valuable?
Here are more articles you may enjoy.
Expense Ratio Analysis: AI, Remote Work Drive Better P/C Insurer Results
New York Governor Hochul Vows to Tackle Insurance Affordability, Litigation and Fraud
Florida Lawmakers Ready for Another Shot at Litigation Funding Limits
Alliant Latest to Sue Howden US Over Alleged ‘Smash-and-Grab’ Poaching 

