Hub acquires insurance brokerage assets of Larry Dean Massey, Jr.
Global insurance brokerage Hub International has acquired the insurance brokerage assets of Larry Dean Massey, Jr. (Massey) for an undisclosed price.
Massey, which has legacy operations in Memphis, Tennessee, and in Oxford, Mississippi, provides insurance and risk management services.
The company caters to clients with a focus on various industries such as hospitality, construction, and oil and gas, which are said to support Hub’s specialty practices by complementing and bolstering its existing capabilities.
Hub said that the acquisition of Massey also adds to its footprint in North Mississippi and reinforces its position as a major broker in Oxford.
Massey will be joining Hub Gulf South and report to Shaun Norris, who is president of the region.