Chicago-based insurance brokerage and financial services firm, Hub International Limited (Hub), acquired the assets of McNellis & Company Inc. (McNellis Insurance), located in Evergreen Park, Illinois.
Terms of the transaction were not disclosed.
McNellis Insurance is an independent insurance agency providing personal, business, life, health and disability insurance to clients in the Chicagoland area for more than 40 years. The agency also offers annuities and other financial products.
Chuck McNellis, president, and the rest of the McNellis Insurance team will join Hub Midwest West and will continue to operate out of the Evergreen Park office.
Source: Hub International Limited
Topics Mergers & Acquisitions Illinois
Was this article valuable?
Here are more articles you may enjoy.
7 in 10 Actuaries and Underwriters Worry About Being Replaced by AI 
US Property Insurance Rates Fall for First Time Since 2017 
Industry Critiques Trump’s Auto Insurance Rate Data, Promise to Cut Premiums 
Mutual Insurers Chase Rate Adequacy, Financial Strength Remains Strong: AM Best 
