Hub International, a leading global insurance brokerage, announced the acquisition of the assets of Cooper, Simms, Nelson & Mosley (Cooper Simms), based in Winter Park, Florida.
Terms of the acquisition were not disclosed. Cooper Simms is a full service firm with expertise in commercial lines, personal lines, and employee benefits, servicing the Central Florida region. The Cooper Simms operations will become part of Hub International Florida, (Hub Florida) a division of Hub International Southeast.
Cooper Simms has served the Central Florida community since it opened its doors in 1934. The firm excels at providing personal lines insurance and risk management services for high net worth individuals.
Steve Simms, Bobby Simms and Rick Havron, shareholders of Cooper Simms, will join the Hub Florida Senior Management team as Executive Vice Presidents and will report to Chris Gardner, CEO of Hub Florida, and work closely with Jack Kuykendall, Chairman of Hub Florida.
"Cooper Simms is an outstanding agency with a great reputation in Central Florida," said Gardner. "The combination of this team with the existing Hub Florida Winter Park team will make us a force in this area of the state and bring tremendous value to our mutual customers."
"We continue to focus our Florida expansion on high performing agencies with great leadership who are a solid cultural fit with our existing operations," said Mike Chapman, CEO of Hub International Southeast. "We are thrilled to have Cooper Simms as the newest part of the Hub team."
"On behalf of the Cooper Simms management team, I would like to thank our customers and employees for their loyalty and dedication," said Steve Simms. "We look forward to working closely with Chris and Jack and being part of Hub Florida."
Headquartered in Chicago, Hub International is a leading global insurance brokerage that provides property and casualty, life and health, employee benefits, investment and risk management products and services from offices located throughout North America.