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.
Viewpoint: Who Gets Credit for Successful Renewal During Soft Reinsurance Market?
Cost of a Data Breach Reaches Record $5 Million on Average
Jury Awards 78-Year-Old Victim $56 Million for Crash Caused by Amazon Delivery Driver
Why El Niño’s Promise of Quieter Hurricane Season May Not Be Good News for Insurers 

