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Hughes Insurance, the Newtownards-based insurance broker with about 300 staff, has been acquired by US-based Liberty Mutual for undisclosed terms.
Hughes Insurance is to expand its 306-strong workforce with 20 new jobs for insurance sales and service advisers in County Down.
Hughes Insurance is to create 20 new sales and development jobs at its office in County Down over the next few months.
Hughes Insurance is to invest £2m in the expansion of its headquarters in County Down, with the creation of up to 200 jobs over the next two years.