Elevate Insurance Brokers Acquired By Hub International

Cision PR Newswire | September 02, 2020

Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired Elevate Insurance Brokers (Elevate Insurance). Terms of the transaction were not disclosed. Based in Grande Prairie, Alberta, Canada, Elevate Insurance is a locally owned, independent insurance agency that provides property & casualty products, including home, auto, recreational vehicle and business insurance. Pierce Krol, President, and Otilja Majewski, Partner at Elevate Insurance, will join Hub International Insurance Brokers, a division of Hub International Canada West ULC (Hub Canada West), and report to Doug Lyall, Chief Sales Officer, Vice President of the region.

Spotlight

Commercial property insurance providers find themselves operating in unpredictable conditions, with political and economic uncertainty having negative impacts on business activity in almost every industry. The retail sector is under particular pressure, but there are also significant problems in the o-ice buildings market, as businesses postpone expansion or investment plans, and some consider relocating facilities outside the UK once (or if) the Brexit process is completed.

Spotlight

Commercial property insurance providers find themselves operating in unpredictable conditions, with political and economic uncertainty having negative impacts on business activity in almost every industry. The retail sector is under particular pressure, but there are also significant problems in the o-ice buildings market, as businesses postpone expansion or investment plans, and some consider relocating facilities outside the UK once (or if) the Brexit process is completed.

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