Global insurance brokerage Hub International Limited announced it has acquired Insurance Management Company (IMC).
Located in Erie, Pennsylvania, IMC provides commercial insurance and risk management services to commercial, industrial, institutional and construction risks, with offerings that complement Hub’s existing specialty practice.
John Bloomstine, president, his sons and the IMC team will join Hub Three Rivers, which is headed by Chet Rhoads.
Terms of the transaction were not disclosed.
IMC was represented by Reagan Consulting for the transaction.
Hub, headquartered in Chicago, offers risk management, insurance, employee benefits, retirement and other products. It has more than 18,000 employees in North America.
Topics Mergers & Acquisitions Commercial Lines Business Insurance Pennsylvania
Was this article valuable?
Here are more articles you may enjoy.
Ex-NFL Player Sentenced to 16 Years in Prison for $200M Medicare Fraud Scheme 
Allianz Commercial Transitions its Standalone Cyber Business to MGA Coalition 
Lawyers, Traders Among 30 Charged in Global Insider Trading Case 
Some College Finals Delayed After Canvas Online Platform Hacked 
