Hub snaps up California firm

The incoming firm offers insurance and risk management services

Hub snaps up California firm

Mergers & Acquisitions

By Ryan Smith

International broker Hub International Limited has announced that it has acquired the assets of Invensure Insurance Brokers. Terms of the transaction were not disclosed.

California-based Invensure is an insurance and risk management firm that offers personal and commercial insurance services, as well as employee benefits and HR consulting.

Invensure CEO Rob Parent, executive vice president Charlene Richards, and the Invensure team will join Hub Los Angeles/Orange County.

Invensure is the latest acquisition in Hub’s M&A spree. In October, Hub acquired Kentucky-based Peel & Holland and Washington state-based Guide Insurance Services.

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