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.

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.

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