CHICAGO, Dec. 17, 2024 /CNW/ -- Hub International Limited (Hub), a leading full-service global insurance brokerage and financial services firm, announced today the acquisition of the assets of Great Basin Insurance, Inc. (Great Basin Insurance). Terms of the transaction were not disclosed.
With locations in Klamath Falls & Springfield, Oregon, Great Basin Insurance has provided commercial insurance to businesses for nearly 100 years. Their focus on the agribusiness industry supports Hub's Specialty practices by complementing and strengthening Hub's existing capabilities.
Agency Partners Dana Loreman and Bill Gilmore Jr., and the Great Basin Insurance team, will join Hub Northwest.
Great Basin Insurance will be referred to as Great Basin Insurance, a Hub International company.
About Hub's M&A Activities
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen its 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 and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 18,000 employees in offices located throughout North America, Hub's vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy, so clients are ready for tomorrow. For more information, visit Hub Media Center.
CONTACT:
Media: Jessica Wiltse
Phone: 312-596-7573
jessica.wiltse@hubinternational.com
M&A: Clark Wormer
Phone: 312-279-4848
Clark.wormer@hubinternational.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/hub-international-expands-commercial-insurance-capabilities-with-great-basin-insurance-inc-in-oregon-302332875.html
SOURCE Hub International Limited
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