Hub International Expands Its Insurance Range with New Acquisition of Dansig in Illinois

Hub International Expands Its Insurance Range with New Acquisition

In a strategic move that underscores its commitment to growth and enhanced service, Hub International Limited, a prominent global broker in insurance and financial services, recently announced the acquisition of Dansig, Inc., also known as Dansig Insurance Risk Advisors. This acquisition is set to bolster Hub's employee benefits and insurance offerings in the state of Illinois, specifically in Decatur, where Dansig operates.

Dansig has built a reputable name as an independent insurance risk advisory firm, providing a broad array of services designed to help clients manage their risk and insurance costs effectively. This acquisition marks a significant expansion of Hub's operational capacity in the region and comes with great promise for improved client engagement and service delivery.

Lerone Sidberry, President and CEO of Hub Midwest West, expressed enthusiasm about the acquisition, highlighting the profound expertise that the Dansig team brings to Hub. “With deep expertise across all facets of the insurance industry, Dansig's experience and skillset perfectly complement and strengthen Hub's capabilities in the region,” Sidberry remarked. He added that the partnership would facilitate the sharing of best practices and resources, ultimately benefiting clients across both companies.

The leadership of Dansig, including President and CEO Daniel Reynolds, will integrate into Hub Midwest West, continuing to serve existing clients while exploring new opportunities for growth within the Hub framework. “Hub is known for its deep commitment to the insurance industry and providing unparalleled client service,” Reynolds stated, signaling confidence in the collaboration. “It is the perfect place to level-up our services to clients and help us continue to grow.”

As part of the transaction, Dansig will operate under the name Dansig Insurance Risk Advisors, a Hub International company. This acquisition follows Hub International’s established strategy of seeking growth through both organic means and targeted acquisitions to enhance its geographic footprint and specialized offerings.

With over 19,000 employees distributed across various offices in North America, Hub International is recognized for its extensive network and capacity to tailor their services to meet the diverse needs of clients. The firm provides a comprehensive range of services, including risk management, employee benefits, retirement, and wealth management products. This approach ensures that clients receive bespoke solutions, equipping them to better navigate the challenges of an evolving business landscape.

The financial details of the Dansig acquisition have not been disclosed, but the implications for both parties are clear. Increased collaboration between Hub and Dansig is expected to result in enhanced risk management solutions and insurance offerings, thereby allowing clients to reduce their risks effectively and manage costs.

Reagan Consulting played a crucial role in this acquisition, serving as financial advisor to Dansig, reinforcing the strategic nature of this transaction. As both companies move forward in this new chapter, there is keen anticipation regarding the new synergies and opportunities for innovation in the insurance space that will arise from this alliance.

Hub International's commitment to delivering high-quality, client-oriented services remains paramount as it integrates Dansig into its broader enterprise. As they work to realize the potential of this partnership, clients can look forward to an expanded suite of services aimed at providing comprehensive solutions to their personal and commercial insurance needs.

For more information about Hub International and the expanded services offered following the acquisition, clients and interested parties can visit the Hub Media Center online. This acquisition not only highlights Hub's ambitious growth strategy but also reinforces its position as a leader in the competitive insurance market.

Contact Information:
Media Relations: Jessica Wiltse
Phone: 312-596-7573
Email: [Contact Email]
MA Relations: Clark Wormer
Phone: 312-279-4848
Email: [Contact Email]

About Hub International:
Headquartered in Chicago, Illinois, Hub International Limited is renowned for its comprehensive range of services in the insurance and financial sectors, focusing on risk management and client advocacy to prepare for future challenges.