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Hub International Ltd. said Thursday that it has acquired the assets of Denali Alaskan Insurance L.L.C., a wholly owned subsidiary of Denali Federal Credit Union.
Terms of the acquisition were not disclosed.
Anchorage-based Denali Alaskan Insurance specializes in providing property and casualty insurance solutions, Hub said in a statement.
Denali Alaskan Insurance will co-brand with Hub, according to a Hub spokeswoman. Senior Denali managers will be retained by the Denali Federal Credit Union, and Denali staff members will report to local Hub management, she added.
Hub International Ltd. has made two acquisitions that will expand the Chicago-based broker’s footprint on the West Coast.