Hub International Limited, a global insurance brokerage and financial services firm, has acquired the assets of Meyer & Rosenbaum, Inc., a commercial and personal insurance provider based in Meridian, Mississippi.
The financial terms of the deal were not disclosed.
Meyer & Rosenbaum specializes in offering insurance solutions across a range of industries in the region, and its capabilities will complement and enhance Hub’s existing specialty offerings.
As part of the transaction, Bruce Martin, president of Meyer & Rosenbaum, along with the entire Meyer & Rosenbaum team, will join Hub Gulf South. The company will continue operating under the Meyer & Rosenbaum name but will now be known as Meyer & Rosenbaum, a Hub International company.
Sica Fletcher served as the financial advisor to Meyer & Rosenbaum during the acquisition. This move marks another step in Hub’s ongoing efforts to expand its national presence and enhance its service capabilities across multiple regions.
In addition to the Meyer & Rosenbaum acquisition, Hub has also recently expanded its portfolio with the acquisition of Dansig Inc., which operates as Dansig Insurance Risk Advisors.
Based in Decatur, Illinois, Dansig is an independent insurance risk adviser specializing in employee benefits services as well as commercial and personal insurance. The firm helps clients manage insurance costs, reduce risk, and enhance employee engagement. The financial terms of this deal were not disclosed.
Furthermore, Hub acquired the assets of Yavitz Insurance Group, a privately owned insurance agency based in St. Louis, Missouri.
Established in 1921, Yavitz Insurance provides commercial and personal insurance solutions for individuals and businesses. The terms of this transaction were also not disclosed.
These acquisitions reflect Hub’s strategy to expand its insurance services across diverse sectors and regions, strengthening its position as a leading provider of risk management and financial solutions.
