Hub International has acquired the assets of Wisconsin-based insurance agency Compass Insurance Services for an undisclosed price.

Compass Insurance Services, which is headquartered in Kronenwetter, has seven additional locations. The insurance agency offers group health and benefits, commercial and personal insurance, and individual life and health benefits.

The company’s employees and its president John Guerndt will join Hub Midwest West.

John Guerndt said: “We are excited to join Hub, where we will continue to provide unmatched services and solutions for our clients in the region, and now on an even wider scale.”

Compass Insurance Services is said to focus on multiple industries such as construction, real estate, healthcare, agribusiness, transportation, nonprofit, and finance which will underpin Hub International’s specialty practices by complementing and bolstering its existing capabilities.

Lerone Sidberry — Hub Midwest West CEO said: “Compass Insurance Services is an ideal match for us as we continue our strategic growth plan in the Midwest.

“They are a highly regarded, experienced team, and we look forward to working with them as we provide differentiated value and services to our clients.”

  Compass Insurance Services, Hub International, Insurance acquisition news, Insurance industry news, John Guerndt, Kronenwetter, Lerone Sidberry, USA, Wisconsin