Hub International has acquired the shares of Sander A Kessler & Associates, a California-based insurance brokerage firm.
In connection with this acquisation, Kessler will become part of the California operations of Hub International Insurance Services (Hub California).
The principals of Steve Kessler, Ken Kessler, Joel Davidowski and Lucille Shalometh, principals of Kessler, will join Hub California and will report to William Roeder executive vice president of Hub California.
Founded in 1956, Kessler is an independent full-service insurance agencies in California. The transaction will significantly expand Hub California’s presence in the Los Angeles area.
Kessler currently arranges insurance programs for a wide range of industries, including manufacturing, seafood, meat processing, security guards, recycling, and the solar industry.
Hub California president Kirk Christ said that Kessler is a highly regarded firm that will help Hub’s further growth in the Los Angeles area.
"Their specific focus and emphasis in workers’ compensation, employee benefits and health care aligns them well with our existing practice groups and will bring tremendous value to Hub," Christ said.
The terms of the acquisition were not disclosed.