HUB INTERNATIONAL ACQUIRES ASSETS OF PINNACLE INSURANCE PARTNERS MEMBER FIRMS
Chicago January 3, 2014 -
Hub International Limited (Hub), a leading global insurance brokerage, announced today that the East Division of Hub International Midwest Limited (Hub Midwest East) has acquired the insurance agency business of certain member firms operating as Pinnacle Insurance Partners (Pinnacle), a Grand Rapids, Michigan-based full-service insurance brokerage firm. Terms of the acquisitions were not disclosed. The acquired Pinnacle operations will become part of Hub Midwest East's Grand Rapids, Michigan office. In addition, Hub will bolster its presence in St. Joseph, Michigan and add a new office location in Saginaw, Michigan. In connection with this acquisition, Russell Manz, Michael Poggi, Brad Poggi and Dave Mack and all their respective employees will join Hub Midwest East, and will become members of the Hub Midwest operations.
Pinnacle offers property and casualty, employee benefits and personal lines products and services to a diversified client base, primarily throughout Michigan. The Pinnacle team specializes in niche insurance offerings for the construction, manufacturing, automotive and bonding industries, amongst others.
Headquartered in Chicago, IL, Hub International Limited is a leading global insurance brokerage that provides property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States, Canada, Puerto Rico and Brazil.MEDIA CONTACTS:
Cara SiegelHub International Limited
Director, Corporate Brand Management and Media Relations
Clark Wormer Hub International Limited
Director, Mergers & Acquisitions
Source: HUB International Limited