Hub International acquires Texas-based insurance brokerage

Acquisition further enhances brokerage’s employee benefits capabilities

Hub International acquires Texas-based insurance brokerage

Mergers & Acquisitions

By Lyle Adriano

Hub International Limited has acquired the insurance brokerage assets of Joyce M. (Dixie) Purselley, doing business as Purselley Associates.

The terms of the transaction were not disclosed.

Purselley Associates, which is based in Fort Worth, TX, offers employers and individuals employee benefits resources and solutions. As part of the transaction, Joyce Dixie Purselley and the Purselley Associates team will join Hub Texas.

“We have worked closely with Dixie for decades and are excited to welcome her team and clients into our growing Hub family,” said Hub Forth Worth area president Matt Morris.

“I have been blessed to have a very successful business that I love. For 46 years, my team at Purselley Associates and I have put our clients first. I am grateful and excited for the opportunity to broaden the available resources we can now offer them through Hub,” said Purselley.

In August, Hub expanded its sports and entertainment practice with the acquisition of Dissinger Reed in Kansas. The special risk agency focuses on the insurance needs of collegiate athletic departments and state high school associations.

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