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HUB International Acquires Assets of McFadden Insurance Agency

Source: HUB

Posted on 03 Sep 2010

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Hub International Limited (Hub) announced on Thursday that it has acquired the assets of McFadden Insurance Agency, Inc. (McFadden), a Las Vegas, Nevada-based firm. Terms of the acquisition were not disclosed. The McFadden team will become part of Hub International Insurance Services, Southwest Region. Bernie Trujillo and Greg Pike, the owners of McFadden, and the McFadden employees joining Hub will remain in their current office location. Greg will lead the new Hub Las Vegas operations.

Founded in 1981, McFadden is a full-service insurance agency, offering business and personal insurance, as well as employee benefits programs. This acquisition represents the first location for Hub in the Las Vegas region, an area in which Hub is focused on strategic growth.

Tom Hartley, President of Hub International Insurance Services, Southwest Region, commented, “Greg Pike and the other insurance professionals at McFadden have built a solid foundation in the Las Vegas community with outstanding service and products. We are very excited to have them join the HUB team and welcome their customers to the HUB family.”

Headquartered in Chicago, IL, Hub International Limited is a leading North American insurance brokerage that provides a broad array of property and casualty, reinsurance, life and health, employee benefits, investment and risk management products and services through offices located in the United States and Canada.