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Hub acquires Wyoming agency

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Hub International Ltd. said Wednesday that it has acquired Wyoming Financial Insurance, the largest independently owned insurance agency in Wyoming.

Terms of the transaction were not disclosed.

WYFI provides commercial insurance, surety bonds and other coverages to the construction, health care, hospitality and transportation industries.

WYFI’s 77 employees will be joining Hub Mountain, according to an email from a Hub spokeswoman.

Art Hansen, president of WYFI; Bob Moberly, CEO; and Mike Kretzer, CFO, will not be joining HUB.

Rene LeVeaux, president of Hub Mountain, said the broker is committed to continued growth in the region.

Chicago-based Hub International is the fifth-largest brokerage of U.S. business, according to Business Insurance’s latest ranking.

 

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