CHICAGO, Nov. 5, 2024 /PRNewswire/ — Hub International Limited (Hub), a main international insurance coverage brokerage and fiscal services and products company, introduced these days that it has obtained International Ag Chance Answers Corp. and International Ag Climate Answers Corp. referred to as Parametric Ag (jointly, International Ag Chance Answers). Phrases of the transaction weren’t disclosed.
Headquartered in Moose Jaw, Saskatchewan, Canada, International Ag Chance Answers supplies industry-leading whole-farm insurance coverage answers, together with parametric answers and climate modeling era, to backup purchasers give protection to the price of vegetation and their benefit. Their focal point at the agribusiness and farm {industry} helps Hub’s Forte practices by way of complementing and good for one its current functions.
“We are excited to welcome the Global Ag Risk Solutions team to Hub,” mentioned Ryan Matthews, President of Hub Prairies. “They will elevate our expertise and offerings in the region, providing clients with the support they look for as they go into each farming season.”
Dave Sullivan, Government Vice-President of International Ag Chance Answers, and Damon Johnson, Government Vice-President, together with the International Ag Chance Answers staff, will secured Hub Prairies. Sullivan will report back to Greg Johnson, Leading Technique Officer for Hub Prairies.
“We look forward to starting our journey with Hub,” mentioned Sullivan. “Hub’s reputation in the market and the depth and breadth of expertise and resources will provide a strong foundation for delivering outstanding service to our clients and for our continued growth.”
International Ag Chance Answers shall be known as International Ag Chance Answers, a Hub Global corporate.
The purchase follows Hub’s fresh announcement of Marc Chouinard as Nationwide Canada Observe Chief for its Agribusiness Forte. Chouinard is accountable for the advance and oversight of technique for the agribusiness, meals & forestry industries.
About Hub’s M&A Actions
Hub Global Restricted is dedicated to rising organically and thru acquisitions to amplify its geographic footprint and improve {industry} and product experience. For more info at the Hub M&A enjoy, talk over with WeAreHub.com.
About Hub Global
Headquartered in Chicago, Illinois, Hub International Limited is a main full-service international insurance coverage dealer and fiscal services and products company offering chance control, insurance coverage, worker advantages, escape and wealth control services and products. With greater than 18,000 staff in places of work situated right through North The usa, Hub’s giant community of experts brings readability to a converting international with adapted answers and unrelenting advocacy, so purchasers are able for the next day. For more info, talk over with Hub Media Center.
CONTACT:
Media: Jessica Wiltse
Telephone: 312-596-7573
[email protected]
M&A: Clark Wormer
Telephone: 312-279-4848
[email protected]
SOURCE Hub Global Restricted
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