Hub continues M&A spree

It has now snapped up another agency's assets
Hub continues M&A spree
INSURANCE NEWS
By Ryan Smith
Jan 15, 2021

Hub International Limited has announced that it has acquired certain assets of Eagle American Insurance Agency related to Eagle’s Mesa, AZ, and Denver operations. Terms of the transaction were not disclosed.

Eagle is a full-service insurance agency that provides commercial and personal insurance, and specializes in manufactured housing. The acquisition complements and strengthens Hub’s existing capabilities, the company said.

Read more: Hub scoops up Ohio agency

The acquisition is the latest in Hub’s M&A spree. Earlier this week, the company announced that it had acquired Preferred Benefits Agency, an Ohio-based firm that provides tailored benefits through technology-based solutions.

Hub also recently acquired assets of Christiansen Insurance Group, a Puerto Rico-based firm that specializes in property and casualty, personal insurance, and employee benefits.

Related Stories
Free newsletter

We'll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Free newsletter

Our daily newsletter is FREE and keeps you up - to - date with the world of Insurance. Please complete the form below and click on subscribe for daily newsletters from IB US.