Chicago-based global insurance brokerage Hub International Limited said Tuesday that it has acquired the assets of Sacramento-based John O. Bronson Co..
Bronson bills itself as one of California’s largest and oldest independent insurance agencies, with roots dating back to 1888. It has a current staff of more than 100.
Terms of the acquisition were not disclosed, but Hub said Bronson will become part of the California operations of Hub International Insurance Services.
Bronson’s main office is at 3636 American River Drive, and it also has operations in Monterey and Rancho Cucamonga.
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Paul Bystrowski, Bronson’s president and CEO, will join “Hub California” as senior executive vice president, and Bronson Vice President of Sales Robert McVicar will become executive vice president with Hub’s California arm.
With the acquisition, Hub California has more than 950 employees in the Golden State.
Call The Bee’s Mark Glover, (916) 321-1184.