Hub International Acquires The Assets Of California-Based Axella Insurance Services, Inc.

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Nov 02, 2017, 08:00 ET

CHICAGO, Nov. 2, 2017 /PRNewswire/ -- Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the assets of Axella Insurance Services, Inc. (Axella). Terms of the acquisition were not disclosed.

Located in San Diego, California, Axella is a multi-line insurance brokerage serving both individuals and businesses. Martin Khalaf, President and CEO of Axella, will join Hub California and report to Daniel Kabban, Executive Vice President of Hub California.

"Becoming part of the Hub team will provide our loyal clients and dedicated staff additional resources and new exciting solutions that we otherwise could not have offered," said Khalaf. "Additionally, Hub strives to maintain the same atmosphere and delivers the professional and personal service that our employees and clients are accustomed to delivering and receiving."

About Hub's M&A Activities
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.

About Hub International
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 from offices located throughout North America. For more information, please visit hubinternational.com.

CONTACT:

Media: Marni Gordon
Phone: 312-279-4601
[email protected]
M&A: Clark Wormer
Phone: 312.279.4848
[email protected]

SOURCE Hub International Limited