Hub International Ltd. has acquired Crichton, Brandon, Jackson & Ward Inc., which does business as The Crichton Group. Terms of the transaction were not disclosed. With TCG, Hub is creating a new regional Hub to be called Hub Mid-South, which will include Hub's existing operations in Tennessee, as well as Kentucky, with the goal of finding other strong partners in those states.
TCG is an independent, full-service commercial, employee benefits and personal lines agency in Nashville. TCG focuses on construction, real estate, healthcare, nonprofit and social services, as well as alternative risk solutions, which supports Hub's specialty practices by complementing and strengthening Hub's existing capabilities.
"TCG has a talented group of professionals with a strong commitment to growth and providing the best possible insurance solutions for clients,” said Mike Chapman, president of Hub’s South region, in a statement. “We believe the combination of our existing team in Tennessee and the TCG team will provide tremendous opportunities for our clients and for Hub."
Hub has over 800 employees in 38 locations throughout the U.S. South Region, which includes Alabama, Florida, Georgia, Louisiana, Mississippi, North and South Carolina and Tennessee. The new regional operation is expected to broaden Hub's reach, particularly in Nashville.
TCG’s Jimmy Ward (CEO & co-chair), Bob Jackson (co-chair), Cooper Jones (president) and Austin Madison (senior vice president) will join Hub, as well as Dan Hite, Joe Lacher, Blake Wiedman and Philip Barnes, who have each been serving as vice presidents. Jones will become president of the new Hub Mid-South operations, reporting to Chapman.
Hub International has made several acquisitions in the past couple months, most recently adding two Canadian firms to its organization.