Hub International has acquired the assets of Der Manouel Insurance & Financial Services (DMIG) for an undisclosed amount.
Headquartered in Fresno, California, with an office in Pleasanton, California, DMIG is a multi-line insurance brokerage that specializes in numerous vertical markets including agriculture, transportation, non-profits and construction.
With its roots in niche property and casualty programs, DMIG also provides employee benefits and financial services and currently ranks as one of the top 300 privately held insurance agencies in the United States.
Hub California president Kirk Christ said: "The addition of DMIG will greatly strengthen our footprint in the Central Valley.
"Not only does DMIG excel in client engagements, the company is truly committed to investing back into the communities it serves to make a legacy impact on the San Joaquin Valley and across the state."
DMIG's leadership team and staff will join Hub California. DMIG President and CEO Michael Der Manouel, Jr., will report to Christ and join the Hub California Executive Management Team.
Der Manouel said: "Our clients can continue to rely on our dedication to providing services that make a difference in their businesses and have earned us a widely-respected reputation as a talented and hard-working insurance organization.
"And, they'll gain the added benefits and value from Hub's focus and willingness to invest in carrier relationships, program verticals and client resources necessary to help our clients be the best and most competitive in their respective industries."