Global insurance broking and financial services firm Hub International Limited has acquired The Essex Agency (formally known as Essex Agency, Inc.) for an undisclosed sum.

Headquartered in Essex Junction, Vermont, The Essex Agency is an independent insurance agency focused on personal and commercial insurance, particularly in the construction and real estate sectors. This specialization aligns with Hub’s specialized practices, enhancing and expanding its existing capabilities, she said.

The Essex agency’s president, David Holton (pictured), vice president, John Handy, and their team will be integrated into the Hub’s New England operations.

“We are thrilled to welcome the Essex Agency team to the Hub,” said Sean McLaughlin, President of Hub New England. “They will significantly expand our expertise and offerings in Vermont by adding a deeply experienced team with respected leaders.

“We look forward to raising the level of services we provide to our clients and supporting the deep regional and national resource support for our Essex agency clients – a real win for employees and clients of both companies.”

“We are excited to begin our journey with Hub,” said Holton, whose team was represented by Dowling Hales in the deal. “Hub’s reputation in the industry and depth and breadth of experience and resources provide an unparalleled foundation for delivering exceptional service to our clients.”

“We look forward to contributing to our continued success and growth with Hub.”

Under the deal, The Essex Agency will now operate as The Essex Agency, a Hub International company. The Vermont-based company joins Hub’s recent acquisitions, such as True North Group Insurance Services, Cargill Insurance and Merriwether & Williams.

Specializing in risk management, insurance, employee benefits, retirement, and wealth management products and services, Hub is headquartered in Illinois and employs more than 17,000 people across North America.

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