Chicago-based global insurance brokerage, HUB International Limited (Hub), has acquired the assets of GBC Benefits Ltd., d/b/a Gus Bates Insurance & Investments (Gus Bates I&I), located in Fort Worth, Texas.
Terms of the transaction were not disclosed.
Gus Bates I&I provides a comprehensive range of services, including retirement plan services, employee benefits, property/casualty and personal lines insurance.
Gus Bates I&I CEO Gus Bates and President Matt Morris will join Hub.
Source: Hub International
Topics Mergers & Acquisitions Texas
Was this article valuable?
Here are more articles you may enjoy.
Preparing for an AI Native Future 
Experian Launches Insurance Marketplace App on ChatGPT 
Insurance Broker Stocks Sink as AI App Sparks Disruption Fears 
Munich Re Unit to Cut 1,000 Positions as AI Takes Over Jobs 
