Hub International Acquires Florida-based Scarborough Company Insurance Inc.
Chicago, IL — 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.”