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Hub International acquires assets of Alaska-based 1st Alaska Insurance

Hub International, a leading global insurance brokerage, announced today that it has acquired the assets of 1st Alaska Insurance (1st Alaska).

Terms of the acquisition were not disclosed.

Based in Soldotna, Alaska, 1st Alaska specializes in providing personal lines insurance solutions. Mike Pate, owner of 1st Alaska, will join Hub Northwest and report to Steve Wagner, Senior Vice President of Alaska for Hub Northwest.

Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise.

Headquartered in Chicago, Hub provides property and casualty, life and health, employee benefits, investment and risk management products and services from offices located throughout North America.