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Press Releases by Date   |   Press Releases by Company Name


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Press Release

Hub International Acquires the Assets of Texas-based Wellspring Insurance Agency, Inc.

Issued by HUB International

Mar. 4, 2021

Chicago, March 2, 2021 — Hub International Limited (Hub), a leading full-service global insurance broker, announced today that it has acquired the assets of Wellspring Insurance Agency, Inc. (Wellspring Insurance Agency). Terms of the transaction were not disclosed.

Located in Argyle, Texas, Wellspring Insurance Agency is an independent employee benefits firm that provides tailored benefit solutions through thoughtful strategic planning and technology-based solutions. Rodney Dryden, President of Wellspring Insurance Agency, will join Hub Texas and report to Martin Yung, President and CEO of the region.

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 risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 13,000 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, please visit www.hubinternational.com

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Editor's note: This press release has been issued by the company named above, not BenefitsLink. Reliance on information in this press release might be prudent only after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.