Chicago-based global insurance broker, Hub International Limited (Hub), has acquired the assets of Premiere Risk Management (PRM). Terms of the transaction were not disclosed.
Located in the Chicagoland area, PRM is a full-service commercial insurance broker providing all lines of property/casualty coverage to the transportation industry. Its focus on the transportation industry supports Hub’s Specialty practices by complementing and strengthening Hub’s existing capabilities to help clients across industries with their transportation-related risks.
Jim Brdicka, business owner of PRM, and his team will join Hub Transportation and will remain in their current location. Brdicka will report to Dain Dockter, Hub Transportation Midwest territory leader.
Hub International Limited is a full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services.
Source: Hub International Limited
Topics Mergers & Acquisitions Illinois
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