Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced today that it has acquired the assets of Midland Agency Insurance Corporation(Midland Agency Insurance). The terms of the transaction weren’t disclosed.
Based on Columbia, South Carolina, Midland Agency Insurance provides commercial and personal insurance, and specializes in the agribusiness industry, which supports Hub’s Specialty practices by complementing and strengthening its existing capabilities.
“Midland Agency Insurance’s experience and capabilities will further strengthen our services in the region, especially in the agribusiness sector, by adding even more value to our clients who trust Hub to help them protect what matters most,” Tommy SuggsHub Carolinas President and CEO.
Matthew FlemmingThe President and Owner of Midland Agency Insurance and the Midland Agency Insurance Team will join Hub Carolinas.
“With Hub, we look forward to expanding our resources and services to continue to grow our business and deliver even more value to our clients,” Flemming.
Miller CooperAs a financial advisor, Midland Agency Insurance was involved in the transaction.