Hub turns to M&A deal for New England retail/commercial line boost
Global insurance brokerage Hub International has acquired a US regional name as it extends its personal and commercial lines reach into the New England region.
Horizon Insurance joins the Hub International team offering commercial insurance as well as auto, home and life personal lines from its home base in Worcester, Massachusetts. Principal and founder Orieta Kristo stays on with Hub International New England.
Shawn McLaughlin, president and CEO of Hub New England, said: “We are thrilled to have Orieta and her talented team from Horizon join the Hub family and expand our presence in Worcester and Central Massachusetts. It’s a win for Horizon, a win for Hub, and most importantly a win for Horizon’s clients.”
Kristo commented: “We are excited to embark on a new journey with Hub. This partnership will revolutionise our business. With their vast resources and market reach, we can expand our offerings to our loyal clients and explore new growth opportunities.”
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