Hub Intercontinental has acquired the belongings of Liberty New Gate Coverage Expert services in Watsonville, CA.
Conditions of the transaction had been not disclosed.
Liberty New Gate has been in business for in excess of 35 years as a commercial coverage company specializing in the agriculture and horticulture sector – the organization has experience in creating behavior-based mostly occupational health and basic safety options.
The acquisition of Liberty New Gate and its agribusiness specialization supports Hub’s recent launch of its specialty tactics.
As portion of the acquisition, Liberty New Gate president Matt Muirhead will be a part of Hub California. He will report to Hub California senior vice-president Darren Caesar.
The move marks a return to US acquisitions for Hub following very last month it went on an M&A spree throughout Canada, finding up Frontier Company Centre in Saskatchewan, as effectively as Clearwater Insurance policies Group, Accessibility Coverage Brokers and Benefit Broker Products and services in Ontario.