In a strategic move, Hub International Limited, a leading player in the insurance brokerage industry, has acquired the assets of Connecticut’s Byrnes Agency, Inc. The specifics regarding the financial aspects of this acquisition have not been disclosed.
About Byrnes Agency
Byrnes Agency, a staple in the community since its founding in 1932, is based in the towns of Dayville and Norwich.
The agency offers a wide range of insurance products tailored to meet both personal and business needs, serving numerous sectors such as construction, hospitality, agriculture, towing, and trucking.
Operational Changes
This acquisition means that Byrnes Agency’s dedicated team of over 25 professionals will join forces with Hub New England.
The agency will continue operations under its established name, now branding itself as Byrnes Agency, a Hub International company.
Company Background
Philo Smith served as the financial advisor for Byrnes Agency throughout this transition.
Hub International, with its headquarters in Chicago, boasts a workforce exceeding 18,000 across various North American offices, further solidifying its position in the insurance market.
Source: Insurancejournal
