Hub Acquires Assets of Maryland’s Insurance Management Associates

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Global insurance brokerage Hub International Limited (Hub) has acquired the assets of Insurance Management Associates Inc. (IMA). Terms of the transaction were not disclosed.

Based in Annapolis, Md., IMA is a full-service commercial and personal insurance agency. IMA President Randall Bieber will join Hub Mid-Atlantic and report to Hub Mid-Atlantic President Norman Breitenbach following the transaction.
According to a company press release, Hub International Limited has a growing strategy through organic and acquisitions to expand its geographic footprint and strengthen industry and product expertise.

Headquartered in Chicago, Ill. Offers property and casualty, life and health, employee benefits, investment and risk management products and services.

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