Hull & Co. announced it purchased the book of business of New Orleans, La.-based Insurance Brokers & Managers Inc. (IB&M).
“The purchase of the IB&M business and the addition of Madelyn Cohen and her fine team of folks to the Hull & Company family is an exciting step for us,” said Richard Hull, chairman and CEO. “Louisiana is a dynamic state for our business and we could not have entered this marketplace with a better group of people to represent Hull and Company.”
“Our goal is to leverage the market strength of our organization in order to provide the agents and brokers in Louisiana the best products available for personal lines and commercial accounts,” Hull added. “As is consistent with the operating philosophy of Hull & Company, our ultimate goal is to become the preeminent wholesaler in the state.”
Hull & Co. is headquartered in Fort Lauderdale, Fla.
Topics Mergers & Acquisitions
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