Hub acquires Washington firm
Hub acquires Washington firm | Insurance Business America
Insurance News
Hub acquires Washington firm
Move boosts Northwest presence
Insurance News
By
Mika Pangilinan
Hub International Limited has acquired the assets of Washington-based Longbow Financial Services, LLC. The terms of the deal have not been disclosed.
Longbow Financial operates from Spokane, specializing in corporate retirement planning and individual client wealth. It was founded by Michael Furrer, who also serves as the firm’s managing partner.
As part of the acquisition, Furrer and the rest of the Longbow Financial team will become part of Hub Northwest.
“We welcome Michael and the Longbow Financial team to HUB as part of our growing presence in the Northwest,” said Joe DeNoyior, Hub Retirement and Private Wealth president.
The move was made to bolster Hub’s Northeast presence, according to a previous statement by DeNoyior.
“In a world where unforeseen acts of violence can disrupt lives and businesses in an instant, we can help clients face these uncertainties with greater confidence,” said Hub executive vice president Carol Murphy of the new offering.
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