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- Hub International Acquires Western Growers Insurance Services
Hub International Acquires Western Growers Insurance Services
Slice of Agriculture Team
November 13, 2024
Key Highlights:
Hub International strengthens its agribusiness services by acquiring Western Growers Insurance Services.
WGIS' expertise in agriculture bolsters Hub’s client offerings in California and Arizona.
WGIS clients gain access to a broader range of insurance solutions under the Hub umbrella.
Source: PR Newswire
Notable Quotes:
"California is one of the largest agricultural markets in the country, and WGIS' depth of knowledge and experience will bolster our offerings to clients in this key industry."
"This transaction allows WGIS to focus on its core services while also providing industry-leading services and capabilities to our members and clients, both in employee benefits and commercial lines."
Our Take:
This acquisition represents a strategic win for Hub International, enhancing its agribusiness footprint in key agricultural states like California and Arizona. The integration of WGIS’ specialized risk management and insurance solutions aligns well with Hub’s growth strategy, particularly within the food and agriculture sectors where WGIS has established deep expertise. This move not only benefits Hub’s client base by expanding access to tailored insurance products but also enables WGIS to leverage Hub’s extensive resources, positioning both organizations to deliver robust, scalable services in a highly competitive market.