Hub International has announced its acquisition of Denali Alaskan Insurance (DAI) assets. The company is a wholly owned subsidiary of Denali Federal Credit Union. Terms of the acquisition were not disclosed.
DAI is based in Alaska and specializes in property and casualty insurance. Hub Northwest will absorb its existing team.
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A PRNewswire report said the move is part of Hub’s ongoing growth strategy undertaken through mergers and acquisitions. Its aim is to expand its geographic footprint and strengthen industry and product expertise with partnerships as well as organic growth.
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