Sandy Spring Bank sells insurance unit.
M2 EQUITYBITES-June 7, 2022--Sandy Spring Bank sells insurance unit
(C)2022 M2 COMMUNICATIONS http://www.m2.com
Global Banking News - 07 June 2022
Maryland-based Sandy Spring Bank has sold its insurance unit.
The unit, Sandy Spring insurance corporation was sold to Hub International, a Chicago-based broker, for an undisclosed amount. Following the sale, the bank is to continue to offer insurance products through a partnership with Hub International.
The unit specialises in commercial and personal insurance...
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