Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the insurance brokerage assets of Charles R. (Rhett) Butler. Terms of the transaction were not disclosed. Rhett was part of Nationwide Mutual Insurance Company’s (Nationwide) exclusive distribution model and is now joining Hub as he recently transitioned to an independent broker.
Located in Rockville, Maryland, Rhett offers full service personal and commercial insurance solutions, including home, auto and commercial. Rhett will join Hub and report to Dennis O’Neill, President of Hub’s Greater Philadelphia region.
This addition will complement and strengthen Hub’s personal insurance solutions. Since last year, Hub has added 18 agencies that were previously exclusive Nationwide agents and subsequently became independent.
About Hub’s M&A Activities
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the Hub M&A experience, visit WeAreHub.com.
About Hub International
Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. With more than 12,000 employees in offices located throughout North America, Hub’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit www.hubinternational.com.
