Hub International Limited has announced that it has acquired the assets of Ward Insurance Agency. The terms of the transaction were not disclosed.
Oregon-based Ward Insurance has locations in Eugene, Portland and Medford. It has provided commercial and personal insurance, employee benefits and risk solutions to businesses and individuals throughout the West for the last 50 years.
The firm specializes in industries including construction, healthcare, hospitality, manufacturing, and wood products. Hub said the acquisition complements its specialty practices by strengthening its existing capabilities.
“Ward Insurance will be a great addition to our team, bringing valuable insights and experience to enhance our specialty capabilities, strengthen our position and continues to grow in Oregon and in the region,” said Andy Prill, president and CEO of Hub Northwest.
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Erik Finrow, president of Ward Insurance, will join Hub as executive vice president of Hub Northwest. In that role, he will lead the company’s direction, vision and strategy in Oregon. The Ward Insurance team will also join Hub Northwest.
“We’re excited to join Hub, who, with their depth and breadth of resources and solutions, will be a great partner in delivering the highest quality of service to our clients,” Finrow said.