Hub International Expands Insurance Solutions with New Acquisition
Hub International Expands Insurance Offerings
Hub International Limited, a prominent global insurance brokerage and financial services firm, is thrilled to announce its latest move to enhance its operational capabilities by acquiring Yavitz Insurance Group. This strategic acquisition reflects Hub's ongoing commitment to providing comprehensive insurance solutions tailored to meet the diverse needs of clients.
About Yavitz Insurance Group
Yavitz Insurance, a well-established agency known for its dedication to service and community involvement, offers both commercial and personal insurance solutions. Founded in 1921, the agency has become a cornerstone in its community, building a strong reputation over a century for reliability and excellence in service. This longstanding experience complements Hub's extensive network and expertise in the insurance sector.
Strengthening Regional Presence
As part of the transition, Ken Yavitz and his talented team will be integrated into Hub's operations, further enhancing the company's capacity in the region. Paul Cohen, President of Hub Kansas, expressed enthusiasm about this partnership, highlighting that the addition of Yavitz Insurance will significantly bolster Hub's ability to deliver innovative solutions and exceptional service to clients in the area.
Commitment to Growth
Hub International is committed to expanding its reach and capabilities through strategic acquisitions and organic growth. This latest acquisition of Yavitz Insurance Group is a prime example of Hub's focus on broadening its geographic footprint and enhancing its product offerings. The company aims to continuously improve its service delivery, ensuring clients access to a wide range of solutions that meet their evolving needs.
About Hub International
Headquartered in Chicago, Illinois, Hub International stands as a leading full-service global insurance broker. With a vast network of over 19,000 professionals spread across offices in North America, Hub provides an array of services including risk management, insurance, employee benefits, retirement, and wealth management. The firm is dedicated to delivering tailored solutions and unwavering advocacy, empowering clients to feel prepared for the future.
Contact Information
For media inquiries, Jessica Wiltse is available at 312-596-7573. For M&A-related queries, Clark Wormer can be reached at 312-279-4848. Hub International continues to prioritize excellent service and communication with all stakeholders as it navigates this exciting new chapter.
Frequently Asked Questions
What does the acquisition mean for Yavitz Insurance Group?
The acquisition means that Yavitz Insurance Group will operate as a Hub International company, benefiting from Hub's resources and expertise.
How does Hub International ensure quality service post-acquisition?
Hub International is focused on maintaining high service standards through its established systems and experienced team, which includes integrating Yavitz's professionals.
What types of insurance does Yavitz provide?
Yavitz Insurance specializes in both commercial and personal insurance solutions, aiming to cater to a wide array of client needs.
How long has Yavitz Insurance been in operation?
Yavitz Insurance has been serving clients since 1921, establishing a strong reputation over the decades.
What is Hub International's approach to growth?
Hub International pursues growth both organically and through strategic acquisitions, ensuring it expands its footprint effectively while enhancing service delivery.
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