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You are here: Home / Insurance News | Massachusetts / Insurance Agencies | Mergers & Acquisitions / Hub New England Welcomes Worcester’s Horizon Insurance

Hub New England Welcomes Worcester’s Horizon Insurance

August 14, 2023 by AC Editor

Leading global insurance brokerage firm, Hub International, has welcomed a Central Massachusetts agency into its fold. As of August 9, 2023, Horizon Insurance, Inc. (Horizon Insurance) is now a part of the Hub New England family of insurance agencies.

“We are thrilled to have Orieta and her talented team from Horizon join the Hub family and expand our presence in Worcester and Central Massachusetts,” said Shawn McLaughlin, President and CEO of Hub New England. “It’s a win for Horizon, a win for Hub, and most importantly a win for Horizon’s clients.”

Headquartered in Worcester, Massachusetts, Horizon Insurance provides clients in the region with personal insurance – auto, home, life, and commercial insurance. The agency is headed by Orieta Kristo, Principal and Founder of the agency. According to the terms of the transaction, Ms. Kristo and the entire Horizon Insurance team will join Hub International New England, LLC. No further terms of the transaction were disclosed.

A screenshot of the Horizon Insurance team from the agencys website

“We are excited to embark on a new journey with Hub,” added Kristo. “This partnership will revolutionize our business. With their vast resources and market reach, we can expand our offerings to our loyal clients and explore new growth opportunities.”

Hub continues to grow its geographic footprint throughout New England

The following is a list of other agencies that Hub New England has acquired recently and that have been covered by Agency Checklists:

  • Hub New England Adds Mass.-based Miniter Group (2022)
  • Hub Expands Stop Loss Services With Mass.-Based Stop Loss Insurance Brokers (2022)
  • Hub Group Grows Its Presence In Massachusetts With Acquisition Of Hingham’s The Spofford Group (2022)
  • Hub International Acquires Assets of Tanna Insurance, Inc. (2021)
  • Hub New England Welcomes Epstein Financial Services LLC (2021)
  • Hub New England Acquires CT’s Ion Insurance Corporation (2021)
  • Hub Acquires Massachusetts-Based IBG Financial Partners, LLC (2021)
  • Hub NE Expands In Vermont With Finn & Stone, Inc. Acquisition (2021)
  • Hub Acquires The Alpha Pension Group (2021) 
  • Hub Acquires Its Second Massachusetts Agency In 2020 -Baystate Fiduciary Advisors, Inc. (2020)
  • Hub Acquires Massachusetts-Based Lashua-LaChance & Poliks Insurance Agency, Inc. (2020)
  • HUB New England Acquires The Insurance Center of New England (2019)
  • Dadgar Insurance Acquired By Hub (2018)
  • HUB New England Announces Two More Acquisitions In Massachusetts (2018)
  • Hub Acquires FieldEddy (2014)
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Filed Under: Insurance Agencies | Mergers & Acquisitions, Latest News Tagged With: Agency Checklists, insurance news massachusetts, Mass. Insurance News, massachusetts insurance news, New England Insurance News

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