Hub International Limited has announced that it has acquired Hamman-Miller-Beauchamp-Deeble, doing business as HMBD Insurance Services. Terms of the transaction were not disclosed.
HMBD, located in Long Beach, Calif., is a full-service insurance agency that provides multi-line insurance products, including personal, commercial and employee benefits products. It focuses on industries including construction, healthcare (dental professional liability), and transportation (railroads). The acquisition supports Hub’s specialty practices.
“I am pleased to welcome the HMBD team to Hub,” said Andrew Forchelli, Hub’s Los Angeles regional leader and president of its entertainment and sports practice. “HMBD is a solid fit with our growth strategy, with proven specialized capabilities in key industries that will expand the scope of our insurance solutions. They will be a huge asset to our clients in the region.”
HMBD President Dan Roddy and vice presidents Todd Miller, Travis England, Jay Semaan and Glenn Agoncillo will join Hub California.
“Hub’s top-tier reputation in the industry, their breadth of services and commitment to the community and growth are just some of the reasons why we’re excited about joining the firm,” Roddy said. “We will be well-positioned to provide total insurance and risk management solutions for all our clients’ needs.”