CORE INSURANCE

Hub International Acquires the Insurance Brokerage Assets of the Pete Webb Agency in Virginia

Hub International Ltd | July 12, 2021

Hub International Acquires the Insurance Brokerage Assets of the Pete Webb Agency in Virginia
Hub International Limited (Hub), a leading worldwide insurance brokerage and financial services company, announced the acquisition of Pete Webb Agency's insurance brokerage assets. The transaction's terms were not revealed. Pete Webb, the owner, formerly worked for Nationwide Mutual Insurance Company (Nationwide), which has now moved to an independent broker model.

Pete Webb Agency, located in Fredericksburg, Virginia, offers personal and commercial insurance services such as home, car, life, and business.

This addition enhances and strengthens Hub's personal insurance services. Since 2019, Hub has added over 20 agencies that were previously exclusive Nationwide agents before becoming independent.

Mr. Webb and his staff will join Hub Mid-Atlantic while operating from their present site in Fredericksburg.

About Hub's M&A Activities
Hub International Limited is dedicated to expanding its global presence and strengthening the industry and product expertise through organic and acquisition growth.

About Hub International
Hub International Limited, headquartered in Chicago, Illinois, is a major full-service worldwide insurance broker and financial services company offering risk management, insurance, employee benefits, retirement, and wealth management products and services. With over 13,000 employees in locations throughout North America, Hub's vast network of experts provides clarity to a changing world via tailored solutions and unwavering advocacy, ensuring customers are prepared for the future.

Spotlight

This infographic by Automoblog.net explains to viewers what the different types of car insurances are so they don’t overpay for their policy, and also don’t go under-insured. Car insurance can be a tricky and confusing subject, especially with insurance agents trying to sell as much as possible. This infographic breaks  down each policy type and provides details of each.

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LIFE INSURANCE

Paperless Solutions Group Acquired by MIB

MIB, Paperless Solutions Group | November 30, 2020

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CORE INSURANCE

Betterfly and Chubb Announce Alliance to Offer Wellbeing, Insurance, and Social Impact Solutions across Latin America

Betterfly | December 06, 2021

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"We are thrilled to start working together with Chubb to bring our Betterfly Effect to every corner of Latin America. This alliance combines Chubb's global expertise in risk management, data analytics, and superior claims service with our AI-based customer behavioral science to complement our prevention, protection, and purpose solutions. This is a huge step towards scaling our platform throughout the region and to our vision of protecting the future of 100 million people by 2025," - Eduardo della Maggiora, Founder and CEO of Betterfly. "We are excited by this new digital alliance. Betterfly's wellbeing platform will convert good habits into tangible benefits, combining social purpose with financial protection, I am pleased to join efforts with Betterfly for a healthier Latin America and to provide greater access to insurance protection for people, families, and businesses." - Marcos Gunn, Senior Vice President, Chubb Group and Regional President, Latin America. 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INSURANCE TECHNOLOGY

Guidewire Introduces End-to-End Usage-Based Insurance Solution

Guidewire | May 06, 2021

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Spotlight

This infographic by Automoblog.net explains to viewers what the different types of car insurances are so they don’t overpay for their policy, and also don’t go under-insured. Car insurance can be a tricky and confusing subject, especially with insurance agents trying to sell as much as possible. This infographic breaks  down each policy type and provides details of each.