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州尔湾,2024 年 11 月 4 日 /PRNewswire/ — Hub 国际有限公司 全球领先的保险经纪和金融服务公司(Hub)和西部种植者协会(WG)今天宣布,Hub已收购西部种植者保险服务(WGIS)的零售保险经纪业务。此次收购将增强Hub在农业综合企业行业的服务,并通过扩大规模和能力,使WGIS更好地为长期增长做好准备。该交易的条款未披露。
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在加利福尼亚州和亚利桑那州设有10个办事处,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。他们对农业综合企业和农业产业的关注通过补充和加强其现有能力来支持Hub的专业实践。
"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."
Hub Central & Northern Californa(Hub CNC)首席执行官达伦·凯撒说:“我们很高兴欢迎WGIS团队加入Hub。”“加州是美国最大的农业市场之一,WGIS的深厚知识和经验将加强我们在这一关键行业向客户提供的服务。”
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.
交易的结果是,WGIS的现有客户将获得更多种类的保险解决方案,同时与农业和食品领域的一流区域专业知识保持紧密联系。
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总裁杰夫·古里克森;董事兼员工福利负责人乔迪·马丁;高级董事兼财产和责任负责人娜塔莉·贝伦德;董事兼运营与风险战略负责人肯·库珀以及WGIS团队将加入Hub CNC。Gullickson将成为该地区农业企业业务负责人,并将在交易完成后继续担任WGIS总裁一职。
"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 提供了更大的规模和能力,而且还对农业行业有着深刻的了解。该交易使WGIS能够专注于其核心服务,同时还可以在员工福利和商业领域为我们的会员和客户提供行业领先的服务和能力。” WG总裁兼首席执行官戴夫·普利亚说。
MarshBerry served as an advisor to WG.
MarshBerry 曾担任 WG 的顾问。
About Western Growers
关于西方种植者
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.
Western Growers成立于1926年,代表加利福尼亚州、亚利桑那州、科罗拉多州和新墨西哥州种植新鲜农产品的当地和区域家庭农民。Western Growers的成员及其工人提供全国一半以上的新鲜水果、蔬菜和木本坚果,包括美国一半的新鲜有机农产品。在向会员提供的众多产品和服务中,Western Growers专门从事健康计划的管理。自1957年以来,西部种植者保险信托基金一直是美国最大的农业雇主及其雇员健康福利提供者之一。Pinnacle Claims Management是领先的第三方管理机构,为自筹医疗福利的雇主提供服务。
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致力于有机增长并通过收购来扩大其地理覆盖范围并增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
关于国际中心
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.
Hub International Limited总部位于伊利诺伊州芝加哥,是一家领先的提供全方位服务的全球保险经纪人和金融服务公司,提供风险管理、保险、员工福利、退休和财富管理产品和服务。Hub 在北美各地的办事处拥有超过 18,000 名员工,其庞大的专家网络通过量身定制的解决方案和不懈的宣传为不断变化的世界带来了清晰的认识,因此客户为明天做好准备。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]
联系人:
Hub Media:杰西卡·威尔兹
电话:312-596-7573
[电子邮件保护]
西方种植者媒体:安·多纳休
电话:949-302-7600
[电子邮件保护]
SOURCE Hub International Limited
来源 Hub 国际有限公司