Hub Acquires Assets of Der Manouel in California

Hub International Ltd. has acquired the assets of Fresno, Calif.-based Der Manouel Insurance & Financial Services Inc.

Terms of the deal were not disclosed.

DMIG’s leadership team and staff will join Hub California. Michael Der Manouel, Jr., president and CEO of DMIG, will join the Hub California executive management team.

DMIG is a multi-line insurance brokerage that specializes in numerous vertical markets including agriculture, transportation, non-profits and construction.

Chicago, Ill.-based Hub is an insurance brokerage that provides property/casualty, life and health, employee benefits, investment and risk management products and services.