Latest news with #HubInternational
Associated Press
22-05-2025
- Business
- Associated Press
HUB INTERNATIONAL LAUNCHES CROSS-INDUSTRY HUB SUPPLY CHAIN AI RISK SOLUTIONS
Integrated Data and Tracking and Enhanced AI Technology, and Stock Throughput Insurance Offering for Supply Chain Optimization CHICAGO, May 22, 2025 /PRNewswire/ -- Hub International Limited (HUB), a leading global insurance brokerage and financial services firm, announced today the launch of HUB Supply Chain AI Risk Solutions, a new product that offers integrated data and tracking, supply chain AI and stock throughput insurance to better safeguard raw materials and finished products throughout the supply chain. The solution is available for industries including agribusiness, forestry, food manufacturing, transportation, warehousing, manufacturing, high tech, marine and healthcare/life sciences. 'By using HUB Supply Chain AI Risk Solutions, our clients have a faster, streamlined approach to managing supply chain risks and dynamic inventory replenishment,' said Joshua Smart, North American Agribusiness & Food Practice Leader at HUB International. 'Companies that have the capability to view, track and proactively respond to disruptions in the supply chain have a leading edge over their competitors.' A supply chain is the lifeline for many organizations, yet there are many risks, including disruptions to inventory management and transportation logistics, as well as challenges in sourcing, manufacturing and delivering final products. HUB Supply Chain AI Risk Solutions offers an approach to manage supply chain risk, minimize disruptions and help organizations obtain the best insurance rates and coverage. The product includes the following components, which are available separately or can be combined: For more information on HUB Supply Chain AI Risk Solutions, click here. About Hub International Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 19,000 employees in offices located throughout North America, Hub's vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy, so clients are ready for tomorrow. For more information, visit HUB Media Center. MEDIA CONTACTS: Marni Gordon Phone: 312-279-4601 [email protected] Jessica Wiltse Phone: 312-596-7573 [email protected] View original content to download multimedia: SOURCE Hub International Limited
Bloomberg
12-05-2025
- Business
- Bloomberg
H&F's Hub Lands $29 Billion Valuation in $1.6 Billion Round
Hellman & Friedman -backed Hub International Ltd. has raised $1.6 billion in fresh equity in a funding round that values the insurance brokerage at $29 billion. The round is being led by T. Rowe Price Investment Management Inc., Alpha Wave Global and Temasek, and includes participation from other new and existing investors, Hub said in a statement Monday.
Reuters
12-05-2025
- Business
- Reuters
Insurance broker Hub International secures $29 billion valuation in $1.6 billion investment deal
May 12 (Reuters) - Insurance broker Hub International said on Monday it has secured a $29 billion valuation in a minority investment transaction of about $1.6 billion. The investment is led by funds and accounts advised by T. Rowe Price Investment Management, Alpha Wave Global, and Temasek, along with participation from other investors. The company's valuation is an increase from $23 billion in 2023, when Leonard Green & Partners L.P. announced a minority investment.
Yahoo
06-05-2025
- Business
- Yahoo
Hub International snaps up Allegiant Global Partners
Hub International, a global insurance brokerage and financial services firm, has acquired the assets of Allegiant Global Partners (AGP), a consultancy based in Boston, Massachusetts, US. The financial terms of the deal have not been disclosed. AGP provides health, welfare and risk consulting services to international non-governmental organisations (NGOs), higher education institutions and domestic non-profits. AGP's expertise in the non-profit and education sectors is expected to complement and strengthen Hub International's specialty and global Benefits capabilities. The team from AGP, including founder and CEO Jay Bride and president and chief customer officer Denis Guay, will be integrated into Hub's National Employee Benefits and Hub New England operations. Bride said: "AGP's partnership with Hub brings a trove of new resources to existing and prospective clients. We couldn't be more excited to join a firm dedicated to excellence in every facet of global employee benefits, insurance and risk management." Following the acquisition, AGP will be known as AGP, a Hub International company. Financial advisory services for the transaction were provided by TAG Financial. Hub Employee Benefits National COO and practice leader Linda Keller stated: "We are excited to welcome AGP to Hub. Their deep expertise in international NGOs, higher education and non-profit industries enhances our ability to deliver even more comprehensive solutions to our clients. 'Together, we are positioned to accelerate growth and unlock new opportunities for the clients we serve." This development follows the recent introduction of HUB Private Client Small Business Solutions, an insurance product designed for small business owners with high net worth. Headquartered in Chicago, Illinois, Hub portfolio includes risk management, insurance, employee benefits, retirement, and wealth management products and services. "Hub International snaps up Allegiant Global Partners " was originally created and published by Life Insurance International, a GlobalData owned brand.
Yahoo
10-03-2025
- Business
- Yahoo
Hub International makes another acquisition in Tennessee
US-based insurance brokerage Hub International has hired financial advisors Steven Glasgow and Jordan Sibler and also purchased their books of business. The financial terms of the transaction were not disclosed. Glasgow and Sibler, with more than 25 years of experience in retirement and wealth management services, offer personalised strategies to their clients. They will join HUB Mid-South, based in Nashville, Tennessee. MidCap's Tony Leonard acted as the financial advisor for the transaction. Hub retirement and private wealth president Joe DeNoyior said: 'We are excited to welcome Steve, Jordan and their team to Hub. They bring a collaborative approach that reinforces our mission to provide comprehensive, tailored financial strategies to individuals and businesses.' Hub seeks to expand organically and via acquisitions to strengthen its geographic footprint, and industry and product expertise. In July 2024, Hub acquired the assets of Wyatt Insurance Services, which had locations in Knoxville and Clarksville, Tennessee. Wyatt specialises in commercial and personal insurance, risk management and employee benefits. Earlier in the month, Hub acquired the assets of Malloy Imrie & Vasconi Insurance Services (MIV Insurance), an independent company situated in California's Napa Valley with offices in Saint Helena and Napa. Headquartered in Chicago, Illinois, Hub International operates as a insurance broker and financial services provider by offering risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 19,000 employees, the company boasts a network of more than 650 offices across North America. The company was formed through the merger of 11 Canadian brokerages in 1998. "Hub International makes another acquisition in Tennessee " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
