Chicago-headquartered insurance broker Hub International Limited reports it has acquired the assets of Sandy Spring Insurance Corp.
Located in Annapolis, Maryland, Sandy Spring Insurance, a subsidiary of Sandy Spring Bank, offers clients commercial and personal – home, auto and marine – insurance.
Terms of the transaction were not disclosed.
The Sandy Spring Insurance team will join Hub Mid-Atlantic.
Sandy Spring Insurance was represented by the consulting firm Reagan Consulting for the transaction.
Hub has more than 14,000 employees in offices located throughout North America,
Topics Mergers & Acquisitions Maryland
Was this article valuable?
Here are more articles you may enjoy.
NY Lawmakers Agree to Governor’s Auto Insurance Reforms in New Budget 
WTW Sues Former Yacht Team, Howden US Over Defection 
Florida Court Says 2020 Law Gives ‘Very Broad’ Liability Immunity to Rideshare Firms 
Insurance Mogul Lindberg Gets 12 Years for $2 Billion Fraud 
