Hub buys trade credit insurance brokerage Intercontinental Growth Strategies

Hub International said that it has acquired the assets of Intercontinental Growth Strategies (IGS), a Chicago-based trade credit insurance brokerage for an undisclosed price.

Intercontinental Growth Strategies is said to help clients in safely and aggressively growing their sales while safeguarding against any bad debt loss resulting from non-payment or bankruptcy.

Seth Hopkins — Hub International Midwest Chief Marketing Officer and Property Casualty Practice Leader said: “We’re excited for IGS to join us. Their industry focus supports our Financial Institutions Specialty and Complex Risk practice by complementing and strengthening our existing capabilities.”