Hub bolsters offering with Chun-Ha acquisition

Hub International Limited, a global insurance brokerage and financial services firm, has acquired Chun-Ha Insurance Services.

Headquartered in California, Chun-Ha Insurance serves the Korean American community, providing comprehensive insurance solutions, including commercial and personal insurance, and employee benefits services.

Hub is a full-service global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services.

The company said this acquisition enhances its commercial and personal insurance capabilities.

Andrew Forchelli, president of Hub Los Angeles/Orange County (LAOC), said, “I couldn’t be prouder and more excited to have Chun-Ha joining Hub. They are a fantastic organisation with a track record of success and a client centric culture that mirrors our own. There is no broker in the country more committed to supporting the dynamic needs of the Asian-American business community than Hub, and Chun-Ha joining our team only solidifies our leadership position.”

Terms of the transaction were not disclosed.

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