Hub International's Strategic Growth Through Acquisition
Hub International Limited, a leading global insurance brokerage and financial services firm, is thrilled to announce its recent acquisition of the assets of FGLP Equity Partners, LLC, known as Demarie Insurance Agency. This strategic move highlights Hub's commitment to enhancing its service offerings in commercial and personal insurance.
Demarie Insurance: A Valuable Addition
Demarie Insurance, located in Lake Charles, is a full-service insurance agency recognized for its expertise in providing comprehensive coverage options. With this acquisition, the talented Demarie team will integrate into Hub Gulf South, bringing their specialized knowledge to the Hub family. This collaboration is poised to enhance both operational capabilities and customer service.
The Vision Behind the Acquisition
Shaun Norris, President of Hub Gulf South, expressed enthusiasm over this partnership, stating, "We are excited to welcome Demarie Insurance to our team. Their expertise will significantly enhance the value we deliver to our clients and further strengthens our presence in the region." This sentiment is echoed by Aric Pohorelsky, Principal of Demarie Insurance, who is eager to collaborate with Hub’s vast resources, fostering improved outcomes for their clients.
Commitment to Growth and Exceptional Service
Hub International’s acquisition strategy focuses on organic growth combined with strategic acquisitions to expand its geographic footprint and enhance industry expertise. Demarie Insurance will continue to operate under its name as a Hub International company, reflecting the integration of their values and vision.
About Hub International Limited
Headquartered in Chicago, Illinois, Hub International Limited stands as a premier global insurance broker and financial services firm, offering comprehensive risk management solutions, insurance, employee benefits, and wealth management services. With a workforce exceeding 19,000 employees across North America, Hub expertly navigates the complexities of risk, providing tailored solutions to ensure clients are prepared for the future.
Hub International's Dedication to Client Advocacy
With a commitment to unyielding client advocacy, Hub's vast network of specialists is dedicated to delivering exceptional service and building lasting relationships. The integration of Demarie Insurance into Hub Gulf South embodies this philosophy, fostering an environment where both teams can thrive and work towards shared goals.
Frequently Asked Questions
What does the acquisition of Demarie Insurance mean for clients?
The acquisition enhances Hub's ability to provide tailored insurance solutions and improved service through the addition of Demarie Insurance's expertise.
How will Demarie Insurance operate following the acquisition?
Demarie Insurance will continue to operate under its name, but as a part of Hub International, benefiting from its vast resources and network.
What is Hub International's vision for growth?
Hub is focused on expanding its footprint through strategic acquisitions and organic growth, enhancing its industry expertise and customer offerings.
Who will lead the Demarie Insurance team at Hub?
Aric Pohorelsky, the Principal of Demarie Insurance, will continue to lead the team within Hub Gulf South.
What services does Hub International offer?
Hub provides a range of services including risk management, insurance, employee benefits, retirement, and wealth management solutions.
