Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the assets of Premiere Risk Management (PRM). Terms of the transaction were not disclosed.
Located in the Chicagoland area, PRM is a full-service commercial insurance broker providing all lines of property and casualty coverage to the transportation industry. Its focus on the transportation industry supports Hub’s Specialty practices by complementing and strengthening Hub’s existing capabilities to help clients across industries with their transportation-related risks.
Jim Brdicka, Business Owner of PRM, and the entire PRM team will join Hub Transportation, and they will remain in their current location. Mr. Brdicka will report to Dain Dockter, Hub Transportation Midwest Territory Leader.
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, Illinois, Hub International Limited is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. With more than 11,000 employees in offices located throughout North America, Hub’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit www.hubinternational.com.