Mayfield will operate under the name Mayfield Insurance, a Hub International company. Credit: metamorworks/Shutterstock.

Hub International, a US-based insurance brokerage and financial services company, has acquired the assets of Mayfield Insurance, based in Mooresville, Indiana. 

The financial terms of the deal remain undisclosed.  

Mayfield Insurance offers commercial and personal services including life, home, auto and property insurance. 

Following the acquisition, it will operate under the name Mayfield Insurance, a Hub International company. 

Mayfield Insurance president Dean Mayfield, along with his team, will join Hub’s Midwest East division. 

MarshBerry acted as the financial advisor to Mayfield Insurance. 

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This move follows Hub International’s recent acquisition of assets from the Rocchio Agency, an independent agency headquartered in Carmel, Indiana.  

It specialises in commercial and personal insurance, as well as employee benefits services. 

The Rocchio Agency brings expertise in residential construction and real estate development. 

Earlier this month, Hub International also acquired assets from Lindenwood Agency, a Missouri-based company with more than five decades of experience in the insurance industry, serving both businesses and individuals in Missouri and Illinois. 

Last month, the company acquired the assets of Byrnes Agency, a privately owned insurance agency located in Dayville and Norwich, Connecticut.  

It offers insurance solutions to individuals and businesses throughout eastern Connecticut. 

Hub International says it is “committed to growing organically and through acquisitions to expand its geographic footprint and strengthen its industry and product”. 

Hub International was formed from the merger of 11 Canadian brokerages in 1998, and now has more than 19,000 employees across 650 offices in North America.