R.K. Gore & Associates has expertise in delivering insurance solutions tailored for the residential construction industry. Credit: Sutthiphong Chandaeng/Shutterstock.

US-based insurance broker Hub International has acquired the assets of R.K. Gore & Associates, an independent insurance agency based in Lehi, Utah.

The acquired agency will operate under the name R.K. Gore & Associates, a Hub International company.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Through the deal, Hub aims to bolster its specialty practice in the residential construction insurance sector.

R.K. Gore & Associates has expertise in delivering insurance solutions tailored for the residential construction industry.

The agency’s expertise in the construction sector will support Hub’s Specialty practice by complementing and strengthening its current capabilities.

Financial specifics of the deal were not divulged.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

R.K. Gore & Associates owner Robert Gore, along with his team, will become part of Hub Southern California and Utah.

Hub International offers a wide range of services including risk management, insurance, employee benefits, retirement and wealth management.

The latest deal comes shortly after its acquisition of ANCO Insurance Managers.

ANCO is an independent insurance brokerage headquartered in Bryan, Texas, with six additional offices.

It offers a variety of services including employee benefits, business and personal insurance solutions.

Earlier this month, Hub enhanced its agribusiness sector services by acquiring the retail insurance brokerage business of Western Growers Insurance Services.

The deal is set to drive long-term growth for Hub and expand the range of risk mitigation and management solutions available to clients in the agricultural industry.