Hub International Limited, a global insurance brokerage and financial services firm based in Chicago, has acquired Salt Lake City’s Dale Barton Agency. Terms of the transaction were not disclosed.
Dale Barton is one of the Intermountain Region’s largest commercial insurance and surety bond brokerages. Dale Barton advises businesses, contractors, motor carriers, subcontractors and specialty contractors, an industry focus that supports Hub’s specialty practices by complementing and strengthening its existing capabilities, the company said.
“We are excited Dale Barton, one of the premier surety agencies in the region, is joining Hub,” said Shannon Taylor, president of Hub’s Southern California and Utah regions. “Their knowledge and expertise in managing diverse and complex needs, particularly in construction, will benefit our clients.”
“Hub has a strong national platform and depth of resources that will provide advantages for our clients and growth opportunities for us,” said Sam Clark, president of Dale Barton. “We are excited to be part of Hub’s growth in the region and look forward to continue sharing our experience with clients.”