U.S.-based global insurance broker Hub International Limited has acquired Elevate Insurance Brokers, a property/casualty independent insurance agency based in Grande Prairie, Alberta, Canada.
Pierce Krol, president, and Otilja Majewski, partner, at Elevate Insurance, will join Hub International Insurance Brokers, a division of Hub International Canada West ULC and report to Doug Lyall, chief sales officer and vice president of the region.
Terms of the transaction were not disclosed.
Hub International is headquartered in Chicago, Illinois.
Topics Mergers & Acquisitions Agencies
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Reinsurance Market to Experience Further Softening, M&A on Ample Capacity 
25 Years Later: IJ’s Past and Continued Coverage of the Insurance Impact of 9/11 
Powerful El Niño Nears Record Strength, US Forecasters Say 
Amazon Seen as Shielded From Liability for Miami Cargo Plane Crash 
