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Hub International Limited announced Tuesday that it has acquired the assets of Rubino Enterprises, also known as TYG Insurance. Terms of the deal were not disclosed.
The Arlington, Mass.-based company provides commercial and personal insurance products. TYG Insurance will join Hub New England, and TYG principal Maurice Rubino will report to Charles Brophy, CEO of HUB New England.
“It’s a pleasure to welcome Maurice to Hub,” Brophy said. “TYG will be a great addition to our organization.”
The acquisition of TYG Insurance is just the latest deal in Hub’s M&A blitz. The company also recently acquired Utah-based Spectra Management, an employee group benefits firm. Last month, it acquired Canada-based Pointbreak Consulting, California-based Der Manouel Insurance & Financial Services and Texas-based IPS Advisors.
