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.
CFC Owners Said to Tap Banks for Sale, IPO of £5 Billion Insurer 
Viewpoint: Runoff Specialists Have Evolved Into Key Strategic Partners for Insurers 
AI Claim Assistant Now Taking Auto Damage Claims Calls at Travelers 
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
