CHICAGO — Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced today that it has acquired the assets of Wade Associates, LLC (Wade Associates). Terms of the transaction were not disclosed.
With locations in Davidson, New Bern, Raleigh and Wilmington, North Carolina, Wade Associates is an independent insurance agency offering a comprehensive suite of insurance and risk management solutions. Their industry expertise in construction, manufacturing, healthcare/life sciences and technology supports Hub’s Specialty practices by complementing and strengthening its existing capabilities.
“Adding Wade Associates to Hub underscores our strategic focus of continuing to grow in the region with specialists who have a deep understanding of insurance and risk management,” said Tim Smith, President of Hub Carolinas. “Together, we will continue to expand our capabilities and deliver exceptional results for our clients.”
Cheryl Nabell, President, and the Wade Associates team will join Hub Carolinas.
“Joining Hub with its expansive breadth and depth of resources and expertise is an exceptional opportunity that positions us to better serve our clients,” said Nabell.
Wade Associates will be referred to as Wade Associates, LLC, a Hub International company.
Reagan Consulting represented Wade Associates for the transaction.
SOURCE Hub International Limited
AgencyEquity statement on this article:
Some of the statements in this third party article may be forward-looking statements and perhaps even inaccurate statements. AgencyEquity or Strategic Agencies LLC does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated status of such statements. Therefore, in no case whatsoever will AgencyEquity or Strategic Agencies LLC be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.
