Hub International Broadens Insurance Services with Mayfield Insurance Acquisition

Hub International Expands Insurance Portfolio with Strategic Acquisition



Hub International Limited, a prominent global insurance brokerage and financial services provider, has taken a significant step to enhance its insurance capabilities through the acquisition of Mayfield Insurance, Inc. This strategic move, announced on February 7, 2025, marks an essential development in Hub's ongoing efforts to grow its commercial and personal insurance offerings.

Located in Mooresville, Indiana, Mayfield Insurance is an independent agency renowned for its extensive range of insurance solutions. Specializing in life, home, auto, and property insurance, Mayfield Insurance has built a reputation for providing comprehensive coverage options tailored to meet customer needs. The acquisition allows Hub to merge Mayfield’s expertise with its own expansive resources, creating a stronger service platform for clients in Indiana.

Dean Mayfield, the leading figure at Mayfield Insurance, along with his dedicated team, will integrate into Hub's Midwest East operations. This integration is expected to create a seamless transition that retains the personalized service clients have come to expect from Mayfield while gaining access to Hub's larger portfolio of services and industry insights.

MarshBerry was listed as the financial advisor for Mayfield Insurance during this acquisition, ensuring that the transaction was executed with the utmost professionalism and strategic foresight. Though specific financial terms of the deal have not been disclosed, the importance of this acquisition cannot be understated. It signals Hub's commitment to not only grow organically but to pursue strategic acquisitions that enhance its service capabilities.

Hub International’s approach to mergers and acquisitions embodies a strategy aimed at expanding its geographic presence as well as strengthening its industry and product expertise. This acquisition is part of a broader effort to solidify Hub’s position as a go-to insurance provider, ready to tackle the ever-evolving needs of clients.

In an era where personalized service and tailored insurance solutions are in high demand, Hub International's acquisition allows the company to bring greater clarity and security to its clients. With over 19,000 employees stationed across various offices in North America, Hub is well-equipped to support its clients with their insurance and financial service needs.

The acquisition of Mayfield Insurance is a testament to Hub International's ongoing mission to enhance customer service and product offerings. As this acquisition unfolds, clients can expect even more robust solutions, access to industry specialists, and a commitment to advocacy that prepares them for future challenges.

For ongoing updates about Hub International and its initiatives, including the integration of Mayfield Insurance into its thriving network, visit Hub Media Center.

With this move, the outlook for both Hub International and its clients in Indiana appears brighter than ever. The new partnership not only symbolizes growth for Hub but also signifies an enhanced service capability that prioritizes clients' individual needs and preferences in an increasingly complex insurance landscape.

Topics Financial Services & Investing)

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