Hub Acquires Assets of South Dakota’s First Western Insurance Agency

Chicago-based global insurance brokerage, Hub International Limited (Hub), has acquired the assets of First Western Insurance Agency Inc. in South Dakota.

First Western Insurance Agency is an independent insurance agency with 10 locations throughout the Black Hills of South Dakota. The agency provides multi-line insurance solutions, including personal, commercial and employee benefits products, for its clients.

Its focus on various industries, such as agribusiness, construction, healthcare and transportation, supports Hub’s Specialty practices by complementing and strengthening Hub’s existing capabilities.

Kyle Prewitt, president of First Western Insurance Agency, will join Hub Mountain and report to Rene LeVeaux, president of Hub Mountain.

Terms of the transaction were not disclosed.

Source: Hub International

Topics Mergers & Acquisitions