Hub International Acquires The Assets Of South Dakota-Based First Western Insurance Agency, Inc.
CHICAGO, May 2, 2019 /PRNewswire/ — Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the assets of First Western Insurance Agency, Inc. (First Western Insurance Agency). Terms of the transaction were not disclosed.
First Western Insurance Agency is an independent insurance agency with 10 locations throughout the Black Hills of South Dakota, providing multi-line insurance solutions, including personal, commercial and employee benefits products, for their clients. Its focus on various industries, such as agribusiness, construction, healthcare and transportation, supports Hub’s Specialty practices by complementing and strengthening Hub’s existing capabilities.
«We’re delighted to have First Western Insurance Agency join us, because their capabilities are so complementary, it makes sense to unite our firms,» said Rene LeVeaux, President of Hub Mountain. «There are considerable synergies between us that will meet a wide range of our clients’ needs and allow us to continue to provide exceptional client service.»
Kyle Prewitt, President of First Western Insurance Agency, will join Hub Mountain and report to Rene LeVeaux, President of Hub Mountain.
«Joining Hub not only enhances our commitment to serving our community, it strengthens our presence in the market with a firm that is perfectly aligned with us,» said Mr. Prewitt. «We look forward to offering our clients additional experience and an expanded range of insurance and risk solutions.»
About Hub’s M&A Activities
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the Hub M&A experience, visit WeAreHub.com.
About Hub International
Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. With more than 11,000 employees in offices located throughout North America, Hub’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit www.hubinternational.com.
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SOURCE Hub International Limited