Program Brokerage Corp. (PBC), a wholesale subsidiary of insurance broker Hub International Limited (Hub), sad it has acquired the assets of Sirles Insurance Group Inc., a South Carolina-based commercial insurance brokerage firm.
Terms of the acquisition were not disclosed.
In connection with this acquisition, David H. Sirles, president and CEO of Sirles, will be joining PBC as a vice president, reporting to Scott Bell, senior vice president, according to the announcement.
Founded in 2003, Sirles offers property/casualty insurance with a niche in serving the pest control, lawn care and artisan contracting industries.
This acquisition represents the expansion of PBC’s footprint into the Southeastern U.S. and will strengthen its existing pest control and lawn care programs, the company said. Program Brokerage Corp. is the endorsed insurance brokerage for the National Pest Management Association (NPMA).
Topics Mergers & Acquisitions Agencies
Was this article valuable?
Here are more articles you may enjoy.
Florida AG Says His Office Investigating ‘Anti-Public Adjuster’ Endorsements in Policies 
Alabama Pharmacy, Not Agent, at Fault for Not Reading Policy Before $5M Judgment 
Home Insurance Tops Property Taxes in Squeeze for US Households 
Chubb Q3 Net Income Down Slightly on More Catastrophe Losses 
