US-based insurance brokerage Hub International has acquired the assets of Lindenwood Agency for an undisclosed sum. 

Located in St. Charles, Missouri, Lindenwood Agency has been serving the local community for more than 50 years.  

As a full-service insurance agency, it offers commercial and personal insurance solutions to businesses and individuals in Missouri and Illinois.  

In conjunction with the acquisition, Lindenwood president Melodie Smith and vice-president Ryan Mica, along with the their team, will join Hub Kansas and Missouri.  

Following deal closure, the company will operate as Lindenwood Agency, a Hub International company. 

Hub Kansas and Missouri president Paul Cohen said: “Our team is excited to welcome the Lindenwood Agency to our Hub family. Their team represents another key partner in our St. Louis growth strategy.” 

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Last month, the company acquired the assets of Byrnes Agency, a privately-owned insurance agency based in Dayville & Norwich, Connecticut.  

Byrnes Agency offers insurance solutions to individuals and businesses in eastern Connecticut. 

Furthermore, Hub enhanced its commercial and personal insurance as well as employee benefits solutions through the acquisition of Woods Insurance Services. 

“Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen its industry and product,” the company stated.  

Headquartered in Chicago, Hub International provides an array of products and services including risk management, insurance, employee benefits, retirement and wealth management.  

The company currently has a workforce of more than 19,000 individuals across its offices throughout North America.