Hub acquires Oklahoma-based med mal agency Fifth Avenue
By Mia MacGregor
May 16 - (The Insurer) - Hub International Limited has acquired the assets of Fifth Avenue Insurance Agency, an Oklahoma City-based company specializing in medical malpractice insurance.
The terms of the transaction were not disclosed.
Founded in 1993, Fifth Avenue focuses on medical malpractice and medical professional liability insurance for healthcare professionals. Guy Feist, president of Fifth Avenue, will join Hub Mid-America as part of the acquisition.
"Fifth Avenue's unique approach to medical professional liability coverage will provide Hub clients across our platform unparalleled market access and pricing,” said Travis Biggert, president of Hub Mid-America region.
Earlier this month, Hub announced that it had acquired FGLP Equity Partners, which trades as Demarie Insurance Agency, a personal and commercial lines agency based in Lake Charles, Louisiana.
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