HUB INTERNATIONAL EXPANDS AGRIBUSINESS INSURANCE AND RISK SOLUTIONS WITH ACQUISITION OF WESTERN GROWERS INSURANCE SERVICES IN CALIFORNIA
HUB INTERNATIONAL EXPANDS AGRIBUSINESS INSURANCE AND RISK SOLUTIONS WITH ACQUISITION OF WESTERN GROWERS INSURANCE SERVICES IN CALIFORNIA
CHICAGO and IRVINE, Calif., Nov. 4, 2024 /PRNewswire/ -- Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, and Western Growers Association (WG) today announced that Hub has acquired the retail insurance brokerage business of Western Growers Insurance Services (WGIS). The acquisition will enhance Hub's services in the agribusiness industry and better position WGIS for long-term growth through expanded scale and capabilities. Terms of the transaction were not disclosed.
芝加哥和加利福尼亚尔温, 2024年11月4日 / PRNewswire/ - Hub国际有限公司 领先的全球保险券商和金融服务公司 (Hub) 今天宣布, 与Western Growers Association (WG) Hub成功收购了Western Growers Insurance Services (WGIS) 的零售保险券商业务。此次收购将加强Hub在农业商业领域的服务, 并使WGIS通过扩大规模和能力更好地为长期增长做准备。交易条款未披露。
With 10 offices located in California and Arizona, WGIS provides full-service risk mitigation and management solutions, including insurance products and employee benefits. Their focus on the agribusiness and farm industry supports Hub's Specialty practices by complementing and strengthening its existing capabilities.
WGIS在加利福尼亚和亚利桑那州设有10个办公室, 提供全方位的风险缓解和管理解决方案, 包括保险产品和员工福利。其专注于农业商业和农场行业的业务支持Hub的特色业务, 通过补充和加强现有能力。
"We are excited to welcome the WGIS team to Hub," said Darren Caesar, CEO of Hub Central & Northern California (Hub CNC). "California is one of the largest agricultural markets in the country, and WGIS' depth of knowledge and experience will bolster our offerings to clients in this key industry."
"我们很高兴欢迎WGIS团队加入Hub," Hub Central & Northern California (Hub CNC) 董事总经理Darren Caesar表示。"加利福尼亚是美国最大的农业市场之一, WGIS的专业知识和经验将加强我们在这一关键行业为客户提供的服务。"
As a result of the transaction, WGIS' current clients will gain access to a wider variety of insurance solutions, while maintaining a strong connection with best-in-class regional expertise in the agriculture and food space.
作为这项交易的结果, WGIS的现有客户将可以获得更多种类的保险解决方案, 同时保持与农业和食品领域最优秀区域专业知识的紧密联系。
Jeff Gullickson, President of WGIS; Jodi Martin, Director, Employee Benefits Leader; Natalie Berend, Senior Director, P&C Leader; Ken Cooper, Director, Operations & Risk Strategy Leader; and the WGIS team will join Hub CNC. Gullickson will become head of the Agribusiness practice in the region and will continue to serve in his position as President of WGIS following the transaction.
WGIS总裁Jeff Gullickson; 董事, 员工福利领导Jodi Martin; 高级董事, 财产及意外伤害保险领导Natalie Berend; 董事, 运营与风险策略领导Ken Cooper; 以及WGIS团队将加入Hub CNC。Gullickson将成为该地区农业商业业务的负责人, 并将继续在交易完成后担任WGIS总裁。
"Not only does Hub offer expanded scale and capabilities for WGIS, Hub also has a deep understanding of the agriculture industry. This transaction allows WGIS to focus on its core services while also providing industry-leading services and capabilities to our members and clients, both in employee benefits and commercial lines," said Dave Puglia, President and CEO of WG.
"Hub不仅为WGIS提供了扩大规模和能力, 还深刻了解农业行业。此次交易使WGIS能够专注于其核心服务, 同时为我们的成员和客户提供行业领先的员工福利和商业线服务和能力," WG总裁兼首席执行官戴夫·普利亚表示。
MarshBerry served as an advisor to WG.
MarshBerry担任WG的顾问。
About Western Growers
关于西部农民
Founded in 1926, Western Growers represents local and regional family farmers growing fresh produce in California, Arizona, Colorado and New Mexico. Western Growers' members and their workers provide over half the nation's fresh fruits, vegetables and tree nuts, including half of America's fresh organic produce. Among the many products and services offered to members, Western Growers specializes in the administration of health plans. Since 1957, Western Growers Assurance Trust has been one of the nation's largest providers of health benefits for agricultural employers and their employees. Pinnacle Claims Management is a leading third-party administrator for employers who self-fund their health care benefits.
成立于1926年,西部农民代表加利福尼亚、亚利桑那、科罗拉多和新墨西哥州的当地和区域家庭农民种植新鲜农产品。西部农民的会员及其员工提供了美国一半以上的新鲜水果、蔬菜和坚果,包括美国一半的有机新鲜农产品。在为会员提供的许多产品和服务中,西部农民专门从事健康计划的管理。自1957年以来,西部农民保险信托基金一直是全国最大的农业雇主及其员工的健康福利提供者之一。荣登理赔管理是自负担其医疗保健福利的雇主的领先第三方行政管理机构。
About Hub's M&A Activities
关于Hub的并购活动
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the Hub M&A experience, visit WeAreHub.com.
Hub International Limited致力于通过有机增长和收购来扩大其地理覆盖范围,并加强行业和产品专业知识。有关Hub并购经验的更多信息,请访问WeAreHub.com。
About Hub International
关于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 18,000 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. For more information, visit Hub Media Center.
总部位于伊利诺伊州芝加哥市,Hub国际有限公司是一家领先的全球保险经纪和金融服务公司,提供风险管理、保险、员工福利、养老和财富管理产品与服务。拥有超过18,000名员工,在北美各地设有办事处的Hub的广泛专家网络为一个不断变化的世界提供量身定制的解决方案和坚定的拥护,以便客户为未来做好准备。欲了解更多信息,请访问Hub媒体中心。
CONTACT:
Hub Media: Jessica Wiltse
Phone: 312-596-7573
[email protected]
Western Growers Media: Ann Donahue
Phone: 949- 302-7600
[email protected]
联系方式:
数码媒体: Jessica Wiltse
电话:312-596-7573
[email protected]
西部农产品种植者媒体: Ann Donahue
电话: 949-302-7600
[email protected]
SOURCE Hub International Limited
源头 Hub国际有限公司