Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced today that it has acquired the assets of Kuhl Insurance Agency, Inc. (Kuhl Insurance). Terms of the transaction were not disclosed.
Located in Morton, Illinois, Kuhl Insurance is an independent agency providing commercial and personal insurance, and employee benefits services. Kuhl Insurance specializes in the manufacturing, healthcare, social services, and construction industries, which supports Hub's Specialty practices by complementing and strengthening its existing capabilities.
The Kuhl Insurance team is highly regarded in southern Illinois, and they will be a strong addition to our team as we continue to expand further in the state, We look forward to offering our clients the benefits of their talent and experience."
Lerone Sidberry, CEO, Hub Midwest West.
Mike Kuhl, President of Kuhl Insurance, and the Kuhl Insurance team will join Hub Midwest West.
Joining Hub will provide us with additional depth of insurance carrier markets, resources and services necessary to expand our offerings to clients and continue growing our business."
Kuhl Insurance was represented by the consulting firm MarshBerry for the transaction
About Hub's M&A Activities
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise.
About Hub International
Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 14,000 employees in offices located throughout North America, Hub's vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy, so clients are ready for tomorrow.