Hub expands commercial insurance solution via acquisition

Global insurance brokerage  Hub International has expanded its commercial insurance solutions with the acquisition of a California-based firm.

The deal will see Hub acquire the assets of Verity Insurance Services and Bellehaven Management, with its co-owners Herman Auyang and Helen Chang, and the team joining Hub California.

Located in Covina, California, Verity is an independent insurance broker providing commercial insurance and health benefits. It also specialises in the consumer electronics and manufacturing industries.

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