Hub acquires employee-benefit consultant and insurance broker

Hub acquires employee-benefit consultant and insurance broker
The company said it's buying Beaverton, Oregon-based Niedermeyer Risk Management and Kirkland, Washington-based Pacific Northwest Insurance.
MAR 09, 2022

Hub International, a Chicago-based insurance brokerage and financial services firm, has acquired the assets of Niedermeyer Risk Management, a Beaverton, Oregon-based employee benefits consulting firm that also provides commercial and personal insurance. It specializes in serving wineries and construction-related companies.

Jon Niedermeyer, CEO and managing partner of Niedermeyer Risk Management, and the Niedermeyer Risk Management team will join Hub Northwest.

Separately, Hub also acquired the assets of Pacific Northwest Insurance, a Kirkland, Washington-based insurance broker. Robert James, principal of Pacific Northwest Insurance, and the entire PNI team will join Hub Northwest.

Terms of the acquisitions were not disclosed.

Crypto hits the mainstream

Latest News

Osaic names Sayee Bellamkonda as first chief AI and technology officer
Osaic names Sayee Bellamkonda as first chief AI and technology officer

Appointment continues a wave of AI leadership hires reshaping wealth management as advisory firms race to build out digital and data infrastructure.

Inspired Healthcare CEO Luke Lee facing financial microscope
Inspired Healthcare CEO Luke Lee facing financial microscope

Creditors ask for a raft of financial documents, from bank statements to W2s, in latest bankruptcy case filing.

Practifi rolls out AI CRM amid RIA tech arms race
Practifi rolls out AI CRM amid RIA tech arms race

Sentir joins a wave of AI-native launches as RIA firms seek a competitive edge from CRMs and artificial intelligence use.

april adds IRS tax data to platform as more RIAs seek a tax service edge
april adds IRS tax data to platform as more RIAs seek a tax service edge

Advisors gain a direct line to client tax transcripts as new data shows tax services increasingly separate top-performing firms from the pack.

Student debt drives parents toward 529 plans, Fidelity finds
Student debt drives parents toward 529 plans, Fidelity finds

New Fidelity data links parents' own loan burden to record 529 savings and delayed retirement planning.

SPONSORED Direct indexing webinar targets tax-loss harvesting amid market swings

Northern Trust’s Ken Lassner shows advisors how to convert volatility into after-tax portfolio gains

SPONSORED Who builds the income when the pension disappears?

Dan Biagini of American Equity says the steady decline of pensions, longer lifespans and a reset in interest rates are rewriting how advisors build retirement income