International brokerage Hub Worldwide Restricted has introduced that it has acquired the property of Montana-based Glacier Insurance coverage of Libby. The phrases of the transaction weren’t disclosed.
Glacier Insurance coverage of Libby is a full-service impartial company that gives industrial and private insurance coverage to purchasers in Montana, Idaho and Washington state. Company house owners Kevin Peck and Kim Peck and their staff will be a part of Hub Mountain.
The acquisition expands Hub’s private and industrial insurance coverage capabilities.
“We’re excited to have Kevin, Kim and their staff be a part of Hub,” stated Brent Irving, president and CEO of Hub Mountain. “They are going to provide first-rate data and personalised service as we glance to proceed to develop and supply vital worth for purchasers within the area.”
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“Becoming a member of Hub offers us entry to further sources and capabilities in order that we are able to proceed to supply the best high quality of service to our purchasers,” stated Kevin Peck. “We imagine the bigger variety of experiences will present a really enticing mixture for our purchasers.”
The acquisition is the most recent in Hub’s M&A spree. Earlier this month, the corporate snapped up Louisiana-based Dwight W. Andrus Insurance. In January, it acquired Michigan-headquartered Grace & Porta Benefits.
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