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.
How One Fla. Insurance Agent Allegedly Used Another’s License to Swipe Commissions
Lemonade Books Q4 Net Loss of $21.7M as Customer Count Grows
Florida Regulators Crack the Whip on Auto Warranty Firm, Fake Certificates of Insurance
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs 

