Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired Scarborough Company Insurance, Inc. (Scarborough). Terms of the acquisition were not disclosed.
Based in Gainesville, Florida, Scarborough is a multi-lines insurance provider. Brian and Rick Scarborough, Scarborough’s Principals, will join Hub Southeast as executive vice presidents, reporting to Chris Gardner, CEO, Hub Florida.
“After over 50 years in business, we decided it was time to partner with an organization to help our agency grow and better serve our clients,” said Brian Scarborough, Principal, Scarborough Insurance. “Hub is an ideal partner and we’re extremely excited about our future and the expanded resources that we’ll have as part of Hub.”
About Hub’s M&A Activities
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the Hub M&A experience, visit WeAreHub.com.
About Hub International
Headquartered in Chicago, IL, Hub International Limited is a leading global insurance brokerage that provides property and casualty, life and health, employee benefits, investment and risk management products and services from offices located throughout North America. For more information, please visit hubinternational.com.