CHICAGO, March 7, 2022 /PRNewswire/ — Hub Worldwide Restricted (Hub), a number one international insurance coverage brokerage and monetary providers agency, introduced at this time that it has acquired the property of Kuhl Insurance coverage Company, Inc. (Kuhl Insurance coverage). Phrases of the transaction weren’t disclosed.
Situated in Morton, Illinois, Kuhl Insurance coverage is an unbiased company offering industrial and private insurance coverage, and worker advantages providers. Kuhl Insurance coverage specializes within the manufacturing, healthcare, social providers, and building industries, which helps Hub’s Specialty practices by complementing and strengthening its present capabilities.
“The Kuhl Insurance coverage staff is extremely regarded in southern Illinois, and they are going to be a robust addition to our staff as we proceed to increase additional within the state,” stated Lerone Sidberry, CEO, Hub Midwest West. “We stay up for providing our purchasers the advantages of their expertise and expertise.”
Mike Kuhl, President of Kuhl Insurance coverage, and the Kuhl Insurance coverage staff will be a part of Hub Midwest West.
“Becoming a member of Hub will present us with further depth of insurance coverage provider markets, sources and providers essential to increase our choices to purchasers and proceed rising our enterprise,” stated Kuhl.
Kuhl Insurance coverage was represented by the consulting agency MarshBerry for the transaction.
About Hub’s M&A Actions
Hub Worldwide Restricted is dedicated to rising organically and thru acquisitions to increase its geographic footprint and strengthen trade and product experience. For extra data on the Hub M&A expertise, go to WeAreHub.com.
About Hub Worldwide
Headquartered in Chicago, Illinois, Hub Worldwide Restricted is a number one full-service international insurance coverage dealer and monetary providers agency offering danger administration, insurance coverage, worker advantages, retirement and wealth administration services. With greater than 14,000 staff in workplaces positioned all through North America, Hub’s huge community of specialists brings readability to a altering world with tailor-made options and unrelenting advocacy, so purchasers are prepared for tomorrow. For extra data, please go to www.hubinternational.com.
CONTACT:
Media: Marni Gordon
Telephone: 312-279-4601
[email protected]
M&A: Clark Wormer
Telephone: 312.279.4848
[email protected]
SOURCE Hub Worldwide Restricted
