Hub International Limited (Hub), a global insurance brokerage, has acquired the insurance brokerage assets of Rockville Insurance Agency Inc. and Jeffrey Preston Zepp. Terms of the transactions were not disclosed.
Rockville Insurance Principal David Kushner and Zepp were each previously part of Nationwide Mutual Insurance Company’s exclusive distribution model and are now joining Hub as they recently transitioned to independent brokers.
Both Rockville Insurance and Zepp provide personal and commercial insurance solutions, including home, auto, life and business. The agencies are based in Gaithersburg and Ellicott City, Md., respectively.
These additions will complement and strengthen Hub’s personal insurance solutions, according to a company press release. Since last year, Hub has added 17 agencies that were previously exclusive Nationwide agents that became independent.
Kushner and Zepp, as well as their employees, will be joining Hub Mid-Atlantic and will report to Region President Norman Breitenbach.
Source: Hub International Limited
Topics Mergers & Acquisitions Agencies
Was this article valuable?
Here are more articles you may enjoy.
Zurich Sees Data Center Boom Spurring Insurance Securitization 
Wanted: War-Zone Divers to Scrape Barnacles From Ships in Persian Gulf 
Appetite for Insurance M&A Remains as AI Enters the Chat, Says PwC 
Read 14-Point Draft Memorandum of Understanding Between the US and Iran 
