Hub International, aninsurance brokerage and financial services firm, and Bold Penguin, a commercial insurance exchange operator, agreed to acquire Insureo, an agency for the online delivery of commercial insurance to small and medium-sized businesses. Financial terms were not disclosed. "Today's announcement substantially increases the scale and depth of Hub's digital capabilities. Our unwavering commitment to solving the challenges our clients face is made stronger with tech-enabled solutions that allow us to meet customers where they are and how they want to secure insurance. The addition of Insureon and our partnership with Bold Penguin – leaders in insurtech innovation – not only strengthens our unique market position but accelerates our digital capabilities. The one constant in our ever-changing climate is that customers want choice. We are positioned to deliver omnichannel solutions that will continue to evolve and keep pace with our client's needs. This is just the beginning," Marc Cohen, Hub President and CEO.