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HUB International, a global brokerage and financial services firm, has completed the acquisition of Pennsylvania-based Insurance Management Company (IMC). The terms of the deal were not disclosed. Insurance Management Company (IMC) provides commercial insurance and risk management services, servicing commercial, industrial, institutional, and construction sectors. John Bloomstine, President of IMC, will join Hub along with his sons and the rest of the IMC team. He said: “We are excited about this opportunity with Hub. Hub’s resources and platform will take us to the next level and significantly bolster our ability to meet our clients’ growing needs.” Chet Rhoads, President of Hub Three Rivers (THR), commented on the acquisition, emphasising IMC’s reputation and experience in the region: “Their strong experienced team, reputation, and relationships will support and enhance the broad range of services we offer to clients across the region.” Read the full story here 👉 https://lnkd.in/eGtg74NK #InsurtechInsights #Acquisitions #InsuranceNews

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Nick Margay, CLCS

Territory Manager @ Cowbell, YRP-NYC Board Member

4mo

Congrats!! Peter Bloomstine

Marybeth Gray

Senior Vice President, Health & Welfare Consulting at MarshMcLennan Agency

4mo

Congratulations to John and the rest of the team!

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