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
Was this article valuable?
Here are more articles you may enjoy.
Florida Insurance Costs 14.5% Lower Than Without Reforms, Report Finds 
Kansas Man Sentenced for Insurance Fraud, Forgery 
The $10 Trillion Fight: Modeling a US-China War Over Taiwan 
Insurify Starts App With ChatGPT to Allow Consumers to Shop for Insurance 
