Chicago-based HUB International topped the month of Novemberwith four publicly announced acquisitions, followed by Marsh &McLennan Agency with two.
|The four agencies Hub acquired were:
- Huestis Commercial Insurance Ltd., of Saint John, NewBrunswick, Canada. The firm operates from three locationsthroughout New Brunswick and Nova Scotia. It represents Hub's firstacquisition in the Atlantic Provinces.
- Fort Point Insurance Services in San Francisco, whichspecializes in arranging personal-lines coverage, with aconcentration in high net-worth individuals and familyoffices.
- Connor & Kelly, a Spokane, Wash.–based insurance-brokeragefirm.
- Raintree Insurance Agency, Inc., a San Bernardino, Calif.-basedinsurance brokerage firm.
The two agencies acquired by Marsh & McLennan Agency, asubsidiary of the insurance brokerage firm Marsh were:
- Howalt & McDowell Insurance, Inc. of South Dakota. Foundedin 1946, the firm has annual revenue of approximately $16 millionand offers a wide range of property and casualty, surety, personalprotection, and employee-benefits insurance to individuals andmidsize businesses in the upper Midwest.
- Worcester, Mass.-based The Protector Group Insurance Agency.Founded in 1928, Protector Group offers a wide range of P&Cinsurance, employee-benefits services, personal insurance, andindividual financial services to midsize companies and individualsin New England. The agency generates approximately $13.6 million inannual revenues.
Insurance broker Arthur J. Gallagher says it acquired oneinsurance broker last month, SRS Underwriting Agency PTY Ltd.headquartered in Brisbane, Australia.
|Founded in 1993, SRS Underwriting is a managing general agencywhich offers a wide variety of insurance products includingliability, construction, prestige home, professional risks, motor,and accident and health cover for their broker clients.
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