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You are here: Home / Insurance News | Massachusetts / Insurance Agencies | Mergers & Acquisitions / Hub NE Expands In Vermont With Finn & Stone, Inc. Acquisition

Hub NE Expands In Vermont With Finn & Stone, Inc. Acquisition

March 9, 2021 by AC Editor

In a strategic expansion into Southern Vermont, Hub New England has announced its acquisitions of one of the areas oldest independent insurance agencies in acquiring the assets of Finn & Stone, Inc. No further terms of the transaction were disclosed.

Hub New England Acquires Vermont's Finn & Stone, Inc.

“We are excited to have such a talented team joining the HUB New England family and expanding our services to Southern Vermont,” said Shawn McLaughlin, President of HUB International New England. “HUB is excited to continue its model of providing national resources combined with the high level of service the Finn & Stone team has provided their clients for decades.”

Southern Vermont’s largest independent agency

With two locations in Manchester and Springfield, Vermont, Finn & Stone has serviced its customers in and around Southern Vermont for over 60 years. Howard Finn and Paul Stone created Finn & Stone in 1961, after deciding to combined their respective agencies, Finn & Corliss and The Chester Insurance Agency.

In 1984, Charles “Chip” M. Ams, III joined the agency after relocating from Fairfield County, CT. to Vermont. In 1986, Mr. Ams became a Managing Partner. Today, he and Jonathan Ams are the principals of Finn & Stone. Upon completion of the sale of their agency both Chip and Jonathan Ams, along with the rest of their team, will join Hub New England.

Hub New England continues to grow its geographic footprint throughout New England

As one of the top insurance brokers both Massachusetts, New England, and the nation, Hub New England continues to expand its geographic footprint here in the Commonwealth. The following is a list of the agencies that Hub International and New England have acquired that have been covered by Agency Checklists:

  • Hub Acquires The Alpha Pension Group (January 26, 2021) 
  • Hub Acquires Its Second Massachusetts Agency In 2020 -Baystate Fiduciary Advisors, Inc. (November 17, 2020)
  • Hub Acquires Massachusetts-Based Lashua-LaChance & Poliks Insurance Agency, Inc. (May 19, 2020)
  • HUB New England Acquires The Insurance Center of New England (August 6, 2019)
  • Dadgar Insurance Acquired By Hub (December 18, 2018)
  • HUB New England Announces Two More Acquisitions In Massachusetts (March 13, 2018)
  • Hub Acquires FieldEddy (October 2014)

More about Hub International and Hub New England

Agency Checklists MA Insurance Jobs Hub International MA Insurance News Mass Insurance News MA Insurance Jobs

Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. With more than 11,000 employees in offices located throughout North America, Hub’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions.

Since joining HUB in 2000, HUB New England has acquired the strongest partners in the region to expand its programs, specialties and capabilities. The company traces its roots back to some of the most well-known and reputable insurance agencies in the area that operate today as HUB New England. Our business model allows our clients to receive the many benefits of a national network at a local level.

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Filed Under: Insurance Agencies | Mergers & Acquisitions, Latest News Tagged With: Agency Checklists, Hub New England, insurance agency acquisitions, massachusetts insurance news, New England Insurance News, Vermont insurance news

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