Chicago-based global insurance brokerage Hub International has announced the purchase of The Crichton Group (TCG).
TCG is an independent, full-service commercial, employee benefits and personal lines agency based in Nashville, Tennessee.
With this acquisition, Hub intends to create a new regional Hub to be called Hub Mid-South, which will include Hub’s existing operations in Tennessee.
Hub Mid-South will cover Tennessee and Kentucky, with the goal of finding other partners in those states.
“We could not be more pleased to add this tremendous agency to HUB,” said Mike Chapman, President of Hub’s South Region.
“TCG has a talented group of professionals with a strong commitment to growth and providing the best possible insurance solutions for clients. We believe the combination of our existing team in Tennessee and the TCG team will provide tremendous opportunities for our clients and for Hub.”
TCG’s leadership, Jimmy Ward (CEO & Co-Chair), Bob Jackson (Co-Chair), Cooper Jones (President) and Austin Madison (Senior Vice President) will join Hub, as well as Vice Presidents Dan Hite, Joe Lacher, Blake Wiedman and Philip Barnes.
Jones will become President of the new Hub Mid-South operations, reporting to Chapman.
“Hub is a respected firm with a hard-earned reputation in the industry,” said Ward.
“We look forward to providing a compelling service enhancement to our clients. We will have more resources and services to deliver to them. More importantly, we will be stronger and even better with Hub.”