CHICAGO — Hub International Limited (Hub), a leading full-service global insurance brokerage and financial services firm, announced today that it has acquired the assets of Byrnes Agency, Incorporated (Byrnes Agency). Terms of the transaction were not disclosed.
Located in Dayville & Norwich, Connecticut, Byrnes Agency is one of the largest privately-owned insurance agencies in Eastern Connecticut, offering comprehensive insurance solutions for individuals and businesses.
The Byrnes Agency team will join Hub New England. Byrnes Agency will be referred to as Byrnes Agency, a Hub International company.
“The Byrnes Agency boasts a spectacular reputation in the region, and we look forward to this exciting partnership,” said Shawn McLaughlin, President & CEO of Hub New England. “The addition of the Byrnes Agency will give our Connecticut clients the strength of a national broker, while maintaining the presence and feel of a local relationship.”
“It was critical that we joined an organization where our hard-working and talented team could continue to grow their careers and where our clients could see expanded offerings,” said Jay Byrnes. “We feel strongly that we have found the right partner.”
Philo Smith served as financial advisor to Byrnes Agency.
SOURCE Hub International Limited
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