Announcement graphic for Hub International Ltd. acquisition of Olson Insurance Agency LLC & Your Insurance Brokerage LLC

Seller

Olson Insurance Agency LLC & Your Insurance Brokerage LLC

Investor

Hub International Ltd.

Hub International Mid-Atlantic (Hub) has acquired Springfield, Virginia-based Olson Insurance Agency, and affiliated Your Insurance Brokerage. (together, Olson). The transaction became effective on November 1, 2020. Olson is a property and casualty insurance agency providing personal and commercial lines insurance to clients in the Metro D.C area and throughout the state of Virginia. Olson was previously part of Nationwide Mutual Insurance Company’s exclusive distribution model and recently transitioned to an independent model under the leadership of Max Olson. Max is the 14th member of his family to work with Nationwide, and he will continue to lead operations post-closing. Max has successfully transitioned several other Nationwide agencies and plans to continue to lead these efforts in partnership with Hub. The first follows the acquisition, Insure All LLC (Insure All), which was closed simultaneously with Olson. MidCap provided guidance to both Olson and Insure All.