• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Contact Us
  • Sponsor An Email
  • Post A Job
  • Merger & Acquisition Services

Agency Checklists

Massachusetts Insurance News & Job Opportunities

You are here: Home / Insurance News | Massachusetts / Insurance Agencies | Mergers & Acquisitions / HUB New England Acquires The Insurance Center of New England

HUB New England Acquires The Insurance Center of New England

August 6, 2019 by AC Editor

Hub New England adds one of the Commonwealth’s largest independent agencies to its ranks

Another acquisition this week has helped Hub New England further expand its geographic footprint into Western Mass. In an official announcement issued this week, the global insurance broker announced that it had acquired the assets of Insurance Center of New England, Inc. (ICNE).

“ICNE will expand our presence in western Massachusetts and build on Hub’s core strengths in property and casualty, employee benefits and personal lines solutions,” said Timm Marini, President of Personal Lines, Hub New England. “As a market-leading team, ICNE’s depth of experience and knowledge will be a great addition to Hub and will enhance our services to clients in New England.”


Hub has a great team of insurance brokers. We look forward to our partnership, which will be a tremendous benefit to our clients.”

Bill Trudeau, President & CEO of ICNE

A screenshot of the new ICNE homepage

ICNE boasts two locations throughout the Commonwealth

Based in Western, Massachusetts, ICNE is one of the largest independently-owned agencies operating within the Commonwealth. With two locations in both Agawam and Gardner, it provides full-service insurance solutions for both personal and commercial insurance as well as group employee benefits.

According to the terms of the transaction, upon the sale of ICNE to Hub, former ICNE President and CEO Bill Trudeau will join the Hub New England team, reporting to Mr. Marinin. Further terms of the transaction were not disclosed.

Print Friendly, PDF & Email

Filed Under: Insurance Agencies | Mergers & Acquisitions Tagged With: Agency Checklists, Hub, insurance agents massachusetts, Mass. Agent, massagent news, New England Insurance News

Primary Sidebar

Sponsored

Sponsored

MA Division of Insurance Announcements

Latest Agency Sales

Salem Five Insurance Acquires Nichols Insurance Agency Inc.

World Picks Up Another Two Agencies in New England

More Agency Sales

Career News

Preferred Mutual Announces Three New Appointments

Benjamin Wichland Joins Optisure Risk Partners

Brooks Tingle Appointed President and CEO of John Hancock in Leadership Succession Plan

Brooks Tingle Appointed President and CEO of John Hancock in Leadership Succession Plan

Insurance Executives Among Honorees of Inaugural Insurtech Hartford’s Industry Influencer Awards

AssuredPartners Announces New Executive Leadership Appointments

AssuredPartners Announces New Executive Leadership Appointments

Risk Strategies Appoints S. Stuart Spector as Chief Operating Officer, National Employee Benefits and related Specialty Group Companies

Arbella Insurance Foundation Appoints Robin Jones as its new Executive Director

Hilb Group Announces Managing Director of Employee Benefits in Rhode Island, Massachusetts, and Connecticut

Danielle Chaplick Joins Risk Strategies Consulting as Managing Director

The Hanover Appoints Kate B. Williams to President of E&S

The Hanover Appoints Kate B. Williams to President of E&S

View More Career News

In Memoriam

In Memoriam: Pauline Stopyra, 1926-2023

In Memoriam: Nancy L. Perocchi, 1937-2022

In Memoriam: Peter J. Nobile, Jr., 1931-2022

CAR News

Tesla Insurance Exceeding Expectations

Bi-Monthly CAR Update: The MA Commercial Auto Insurance Marketplace

Bi-Monthly CAR Update: The MA Private Passenger Auto Insurance Marketplace

View More CAR News

Massachusetts Law Updates

Appeals Court Decision Reopens Door To Lawsuit Against New Bedford-Based Insurance Agency

A New Bedford-based agency may end up having to face a lawsuit it thought it might have avoided.

Understanding The Duty to Defend: Partington Builders v. Nautilus Ins.

Understanding The Duty to Defend: Partington Builders v. Nautilus Ins.

Federal Court Reaffirms Massachusetts Rule Regarding an Insurer’s Duty to Defend

Appeals Court Reins in Superior Court’s Expansion of Risk Management

Court Limits Indemnity Agreements Interpretation and Reverses $237K Legal Fee Award

Insured’s $2 Million Claim For Loss Prevention Costs Scuttled By The Supreme Judicial Court

A look at the Supreme Judicial Court of Massachusetts’ ruling on Ken’s Foods’ common law reimbursement claim.

More Mass. Law Updates

DOI News

Massachusetts Remains The 14th Largest Insurance Marketplace As Ranked By Total Premium Volume

Facts & Figures For New England Insurance Departments & Insurance Producers | 2023

Massachusetts Insurance Commissioner Honored for Exceptional Leadership

DOI: Insurance Companies Must Renew MA Appointments by October 14th

View More DOI News

Insurance Fraud

Temporary Employment Agency Owner Indicted for Tax and Insurance Fraud

Six-Day Jury Trial: Property Owner Not Guilty Of Insurance Arson

65 Months Behind Bars: Recommended Sentence For Advisor’s $1.4 Million Theft From Clients’ Annuities

Walmart Will Pay $500k For Its Failure To Follow Workers’ Comp. Prescription Pricing Procedures

More Insurance Fraud News

Footer

Agency Checklists

Contact us

14 Summer Street
Suite 102
Malden, MA 02148
617-598-3800

Advertise on Agency Checklists

We offer a variety of ways to get help promote your company or product.

Announcements
Email Sponsorships
Partnerships
Custom Collaborations

*Affiliate Disclosure

Please note that any of Agency Checklists’ articles might contain one or more affiliate links. This means that any subsequent purchase resulting from these links may result in a commission for us, but at no additional cost to you. For example, as an Amazon Associate, Agency Checklists earns a commission from all qualifying purchases. By working with affiliates we can continue to keep Agency Checklists subscription free. Thank you for your support.

SEARCH OUR SITE

Explore Our Archives

Copyright © 2023 · Agency Checklists · All rights reserved.

 

Loading Comments...