Hub International acquires Wisconsin-based Compass Insurance Services

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.”

Hub International acquires Wisconsin-based Compass Insurance Services. Photo courtesy of Tumisu/Pixabay.

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.”