#United States #Carmel #Hub International #Indiana #The Rocchio Agency

On February 6, 2025, Hub International Limited, a prominent insurance brokerage and financial services entity, announced its acquisition of the John L. Kiley Agency, Inc., operating as The Rocchio Agency in Carmel, Indiana. The specifics of the financial arrangement remain undisclosed. This acquisition marks an important step for Hub as it strives to expand its operations and enhance its service offerings. The Rocchio Agency is recognized as an independent insurance provider specializing in both commercial and personal insurance, alongside comprehensive employee benefits services. Their notable expertise particularly shines in the residential construction sector, including custom home building and real estate development. These strengths align perfectly with Hub's existing specialty practices, significantly fortifying Hub's capabilities in these crucial areas of the insurance market. Following the acquisition, David Rocchio, the sole owner of The Rocchio Agency, along with his skilled team, will be integrated into Hub Midwest East, ensuring a seamless transition and continuity of service for existing clients. The agency will continue to operate under the established name, now officially recognized as The Rocchio Agency, a Hub International company. The acquisition is seen as a strategic maneuver by Hub International to broaden its geographic reach and deepen its industry expertise. Emphasizing their commitment, Hub specified that they are focused on both organic growth and strategic acquisitions as part of their overarching growth strategy. This acquisition, orchestrated with the financial advisory support from MidCap Advisors, signifies Hub's intent to lead dynamically in a challenging insurance landscape. Hub International Limited, rooted in Chicago, is a frontrunner in the global insurance sector and financial services space, offering an extensive portfolio. Their services incorporate risk management, insurance solutions, employee benefits, retirement planning, and wealth management products. With over 19,000 professionals across North America, Hub employs its vast network of specialists to provide customized solutions that adapt to the ever-evolving needs of clients. As the industry anticipates the positive implications of this acquisition, existing and prospective clients can look forward to increasingly robust services as Hub International leverages The Rocchio Agency's strong market presence and expertise. This move not only aims to ensure better support for their clientele but also positions Hub strategically for future industry developments. For additional details about Hub International and their services, visit their official media center.