Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of Insurance Center of New England Inc. (ICNE). Terms of the transaction were not disclosed.
With locations in Agawam and Gardner, Mass., ICNE is a locally owned, independent insurance agency in New England. It provides full-service insurance solutions for personal insurance, business insurance and group employee benefits.
Bill Trudeau, president and CEO of ICNE, will join Hub New England and report to Timm Marini, president of Personal Lines at Hub New England.
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. Headquartered in Chicago, Ill., it is a full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services.
Source: Hub International Limited
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Survey Shows Majority of Florida, California Homeowners Seeing Higher Insurance Costs 
Dubai Floods Expose Weaknesses to a Rapidly Changing Climate 
Investment Funds File New Suits Over Lighthouse Insurance Collapse in 2022 
GM Ends OnStar Driver Safety Program After Privacy Complaints 
