Global brokerage firm Hub International Limited (HUB) has named Tim Smith as the new president and CEO of HUB International Carolinas, a region that includes the company’s operations in both North and South Carolina.
Smith transitions into this leadership role from his previous position as chief sales officer at HUB International Carolinas, where he was also a market leader in the Charlotte area. His career prior to HUB includes a significant tenure at Wells Fargo as the managing director of business development. At Wells Fargo, Smith established a top-performing insurance development team for the South Region.
In addition to his corporate achievements, Smith has a background as an entrepreneur. He played a key role in founding, expanding, and ultimately selling Baytree Finance Company to Wells Fargo.
As president and CEO, Smith will oversee 13 HUB offices and manage nearly 340 employees. His responsibilities will include driving profitable growth, managing the company’s mergers and acquisitions strategy, and expanding HUB’s presence in the Carolinas.
Smith’s new role also involves a strong focus on client acquisition and servicing a diverse portfolio of over 50 commercial insurance clients. These clients span key industries such as nonprofit, construction, and hospitality.
Commenting on his new position, Smith emphasized his commitment to building and managing high-performing teams while developing comprehensive risk and insurance strategies to safeguard clients’ most valuable assets.
He also affirmed his dedication to advancing HUB’s organic and acquisition growth strategies, with the goal of maintaining the company’s leadership as a top middle-market insurance brokerage in the Carolinas.
Earlier this month, Hub International also announced that it had snapped up the assets of Southern Colorado Insurance (formally SCIC LLC) for an undisclosed sum.
