The assets of Pullman, Wash.-based Associated Independent Agencies Inc. (AIA) have been acquired by Headquartered in Chicago, Ill.-based Hub International Ltd (Hub).
Terms of the deal were not disclosed.
The AIA operation will become part of Hub International Mountain States Limited (Hub Mountain), and Tom Lees, chairman, Mike Rydbom, president, and Les Ruhs, secretary, will join Hub Mountain. Lees will serve as a member of Hub Mountain’s executive committee reporting to Tim Barnes, president of Hub Mountain.
AIA, considered one of the largest independent brokerages in eastern Washington and western Idaho, has 14 additional locations throughout the region including Almira, Chewelah, Colfax, Colton, Colville, Davenport, Endicott, Kettle Falls, LaCrosse, Moscow, Palouse, Rosalia, Spokane and St. John. AIA offers personal, commercial and employee benefits products.
Hub provides property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States, Canada and Brazil.
Topics Mergers & Acquisitions Washington
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