Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the assets of Harris, Madden, Powell, Stallings & Brown, Inc. (HMP). Terms of the transaction were not disclosed.
Bold Penguin, the InsurTech platform that operates the world's largest commercial insurance exchange, is unveiling an installation that brings the city of Hartford, Connecticut back to its roots as the country's first hub of insurance providers. The installation is also a celebration of a major milestone for the InsurTech startup: the successful matching of 1 million small businesses with the right agents or carriers through its commercial insurance exchange. This makes Bold Penguin not just the largest exchange in Ohio or in North America, but in the universe, as reflected in the installation's celestial design. This display will be revealed Friday, March 13 in an especially meaningful area of the Hartford Airport: the Arrivals tunnel that was previously dominated by ads for legacy insurance companies.
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