Hub International Acquires The Assets Of Multi-line Insurance Solutions Brokerage
- May 03, 2019
Hub International Acquires The Assets Of South Dakota-Based First Western Insurance Agency, Inc.
Chicago, IL -- Hub International Limited (Hub) announced that it has acquired the assets of First Western Insurance Agency, Inc. (First Western Insurance Agency). Terms of the transaction were not disclosed.
First Western Insurance Agency is an independent insurance agency with 10 locations throughout the Black Hills of South Dakota, providing multi-line insurance solutions, including personal, commercial and employee benefits products, for their clients. Its focus on various industries, such as agribusiness, construction, healthcare and transportation, supports Hub’s Specialty practices by complementing and strengthening Hub’s existing capabilities.
“We’re delighted to have First Western Insurance Agency join us, because their capabilities are so complementary, it makes sense to unite our firms,” said Rene LeVeaux, President of Hub Mountain. “There are considerable synergies between us that will meet a wide range of our clients’ needs and allow us to continue to provide exceptional client service.”
Kyle Prewitt, President of First Western Insurance Agency, will join Hub Mountain and report to Rene LeVeaux, President of Hub Mountain.
“Joining Hub not only enhances our commitment to serving our community, it strengthens our presence in the market with a firm that is perfectly aligned with us,” said Mr. Prewitt. “We look forward to offering our clients additional experience and an expanded range of insurance and risk solutions.”