Hub Acquires Assets of Illinois’ Cooper & Allison Insurance and Russel J. Kobel
Chicago-based global insurance brokerage Hub International Limited (Hub) has acquired the assets of Cooper & Allison Insurance Agency LLC and Russel J. Kobel LLC (Cooper & Allison).
Headquartered in Burr Ridge, Illinois, Copper & Allison is an independent insurance agency providing commercial insurance and specializes in various industries, including construction, healthcare, hospitality, real estate and transportation, which supports Hub’s Specialty practices by complementing and strengthening its existing capabilities.
Russel Kobel, managing partner, and the Cooper & Allison team will join Hub Midwest West.
Terms of the transaction were not disclosed.
Source: Hub International Limited
Popular Today
- American Family to Acquire Bowhead Specialty in $1.2B Cash Deal
- Why El Niño’s Promise of Quieter Hurricane Season May Not Be Good News for Insurers
- CBIZ Brokerage to Be Spun Off, Backed by Private Equity, After $5B Grant Thornton Deal
- OpenAI Finds Evidence Other AI Agents Escaped Containment as it Widens Probe