Hub provides Vermont company to its roster of companies

International insurance coverage brokerage and monetary companies firm Hub Worldwide Restricted has snapped up The Essex Company (formally referred to as Essex Company, Inc.) for an undisclosed sum.

Primarily based in Essex Junction, Vermont, The Essex Company is an impartial insurance coverage company with a deal with each private and business insurance coverage, notably inside the building and actual property sectors. This specialization aligns with Hub’s specialty practices, enhancing and broadening its present capabilities, it stated.

The Essex Company president David Holton (pictured), vice chairman John Helpful, and their staff can be built-in into Hub’s New England operations.

“We look ahead to elevating the companies we offer to our purchasers and supporting deep regional and nationwide useful resource help to the purchasers of The Essex Company – a real win-win for each companies’ workers and purchasers.”

Holton, whose camp was represented by Dowling Hales for the transaction, had this to say: “We’re excited to start out our journey with Hub. Hub’s fame within the trade and the depth and breadth of experience and sources present an unparalleled basis for delivering distinctive service to our purchasers.

“We look ahead to contributing to our continued success and development with Hub.”

Beneath the deal, The Essex Company will now function as The Essex Company, a Hub Worldwide firm. The Vermont-based enterprise joins current Hub acquisitions True North Group Insurance coverage Companies, Cargill Insurance coverage, and Merriwether & Williams.

Specializing in danger administration, insurance coverage, worker advantages, retirement, and wealth administration services and products, Hub is headquartered in Illinois and employs greater than 17,000 folks throughout North America.

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