CORE INSURANCE

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

Hub International Ltd | July 12, 2021

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

Having choices is good, but in the world of life insurance, the number of options and terms can seem overwhelming. Sometimes, there are just too many fish in the sea to easily recognize which one you want to reel in. But don’t worry. A quick overview of the main options available will help weed out the definite no’s and find your best matches. Life insurance falls into two main buckets: term life insurance and permanent life insurance. All other types of life insurance are variations of these two.

Spotlight

Having choices is good, but in the world of life insurance, the number of options and terms can seem overwhelming. Sometimes, there are just too many fish in the sea to easily recognize which one you want to reel in. But don’t worry. A quick overview of the main options available will help weed out the definite no’s and find your best matches. Life insurance falls into two main buckets: term life insurance and permanent life insurance. All other types of life insurance are variations of these two.

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