Hub International Limited, a global insurance brokerage, has acquired the insurance brokerage assets of The Olson Insurance Agency LLC and Insure All LLC. Terms of the transaction were not disclosed.
The owners of The Olson Agency and Insure All, Max Olson and Michael Forney, respectively, were each previously part of Nationwide Mutual Insurance Company’s exclusive distribution model and recently transitioned to independent brokers.
Both The Olson Agency and Insure All provide personal and commercial insurance services, including home, auto, life and business. The Olson Agency is based in Springfield, Arlington and Woodbridge, Va., while Insure All is based in Stanley, Va.
These additions continue to complement and strengthen Hub’s personal insurance solutions. Since 2019, Hub has added 21 agencies that were previously exclusive Nationwide agents and subsequently became independent.
Olson and the employees of The Olson Agency and Insure All will be joining Hub Mid-Atlantic and will report to Norman Breitenbach, president of the region.
Headquartered in Chicago, Ill., Hub is a full-service global insurance broker providing risk management, insurance, employee benefits, retirement and wealth management products and services. It is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise.
Source: Hub International Limited
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