Hub Acquires Pennsylvania Commercial Lines Agency IMC

Global insurance brokerage Hub International Limited announced it has acquired Insurance Management Company (IMC).

Located in Erie, Pennsylvania, IMC provides commercial insurance and risk management services to commercial, industrial, institutional and construction risks, with offerings that complement Hub’s existing specialty practice.

John Bloomstine, president, his sons and the IMC team will join Hub Three Rivers, which is headed by Chet Rhoads.

Terms of the transaction were not disclosed.

IMC was represented by Reagan Consulting for the transaction.

Hub, headquartered in Chicago, offers risk management, insurance, employee benefits, retirement and other products. It has more than 18,000 employees in North America.