#USA #California #Hub International #MIV Insurance

Hub International Expands Insurance Services in California

Hub International Limited, a prominent global insurance brokerage firm, has made significant strides in enhancing its services following the acquisition of Malloy Imrie & Vasconi Insurance Services, commonly known as MIV Insurance. The acquisition, announced on March 5, 2025, is poised to bolster Hub's commercial and personal insurance capabilities, particularly in the agribusiness sector, which is crucial given California's rich agricultural landscape.

MIV Insurance, located in the scenic Napa Valley with offices in Saint Helena and Napa, specializes in providing a wide range of commercial and personal insurance solutions across California. The firm has carved a niche for itself with deep expertise in agribusiness, especially within the wine industry. This specialization aligns seamlessly with Hub's Specialty practice and Private Client segment, enhancing their existing offerings and providing robust solutions to high net worth individuals and businesses in the region.

Darren Caesar, the CEO of Hub Central Northern California, expressed excitement about the acquisition, emphasizing the depth of knowledge and experience the MIV Insurance team brings to the table. With a focus on the wine industry and high-value personal insurance, MIV Insurance strengthens Hub's ability to meet the unique needs of its clients. As part of this integration, notable partners from MIV, including Timothy Malloy, David Capponi, Ted Bystrowski, and Kevin Dickenson, will join the Hub CNC team.

“The combination of Hub's extensive resources and MIV's in-depth knowledge will enable us to provide industry-leading services,” stated Malloy, reflecting on the positive impact of merging their capacities. Hub's global footprint and diverse insurance portfolio will allow MIV to expand its services while maintaining focus on its core client offerings.

The acquisition comes at a strategic time as the demand for specialized insurance solutions in the agribusiness sector continues to grow. As the agricultural landscape evolves, particularly with the challenges and opportunities presented by climate change and market fluctuations, having a solid insurance partner is paramount. Hub International aims to leverage its comprehensive understanding of the agricultural industry to offer tailored insurance products and risk management solutions that address the specific needs and complexities of agribusiness clients.

In addition to enhancing its commercial services, Hub International's acquisition of MIV Insurance is part of a broader strategy to expand its geographic footprint and build industry expertise through strategic acquisitions. This move is expected to complement Hub’s goals for growth and enhance the support it provides to clients nationwide. The financial specifics of the transaction have not been disclosed, but the strategic importance of this acquisition is clear. With a stronger presence in California, particularly in Napa Valley, Hub is well-positioned to become a leader in agribusiness insurance.

As this integration progresses, clients of both Hub and MIV can look forward to increased access to a wider array of insurance products and enhanced service capabilities. For further information on Hub International and its ongoing efforts to innovate and expand in the insurance sector, clients and interested parties can visit the Hub Media Center or the company’s dedicated acquisition webpage. With a commitment to providing clarity in an ever-changing world, Hub International is prepared to meet the evolving needs of its clients and ensure they have the coverage necessary for a secure future.