CHICAGO, July 15,
2024 /PRNewswire/ -- Hub International Limited
(Hub), a leading global insurance brokerage and financial services
firm, announced today the acquisition of the assets of Swanson
Insurance Agency, Inc. & Swanson & Associates, Inc.
(collectively, Swanson Insurance Agency). Terms of the transaction
were not disclosed.
Located in New Orleans,
Louisiana, Swanson Insurance Agency is a locally owned,
independent insurance agency serving the New Orleans community and its surrounding
areas. The Swanson Insurance Agency team will join Hub Gulf
South.
"We are excited Swanson Insurance Agency is joining Hub," said
Shaun Norris, President of Hub Gulf
South. "They are a great addition to our growing team. Their
experience will benefit clients and underscores our commitment to
expanding our capabilities in the region."
"We are thrilled to become part of Hub," said Donna Swanson, Owner of Swanson Insurance
Agency. "We look forward to collaborating with our new colleagues
and leveraging the firm's resources and deep industry knowledge to
deliver exceptional results for our clients."
Swanson Insurance Agency will be referred to as Swanson
Insurance Agency, a Hub International company.
Agency Brokerage Consultants served as financial advisor to
Swanson Insurance Agency for the transaction.
About Hub's M&A Activities
Hub International
Limited is committed to growing organically and through
acquisitions to expand its geographic footprint and strengthen
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-strengthens-personal-and-commercial-insurance-capabilities-with-swanson-insurance-agency-inc--swanson--associates-inc-in-louisiana-302196269.html
SOURCE Hub International Limited