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City of Chicago, IL

  • M&A
    Insurance broker Hub buys insurtech assets to fuel online push

    Hub International Ltd. is partnering with Bold Penguin Inc. to acquire Insureon Holdings LLC’s assets in an effort by the broker to build out its digital capabilities.

    By Max Reyes
    March 2
    Vehicles travel past the Willis Tower in Chicago, Illinois, U.S., on Friday, Nov. 13, 2020. Stay-at-home advisories took effect in Chicago and suburban Cook County early Monday, with officials urging residents to only leave home for essential activities in an effort to curb the spread of the deadly coronavirus, reported NBC Chicago. Photographer: Taylor Glascock/Bloomberg
  • City of Chicago, IL
    Aon founder retired at 71, then built a $10B business

    After leaving Aon in 2008, he started Ryan Specialty Group Holdings Inc. and has pursued acquisitions to build the firm into one of the largest of its kind. Chicago-based Ryan Specialty -- with 3,300 employees and a market value of almost $10 billion -- offers products and services to insurance brokers and agents to help protect against risks, including cybercrime and climate-related hazards.

    By Scott Carpenter
    November 1
    Traffic travels along a near-empty Michigan Avenue in Chicago, Illinois, U.S., on Friday, April 3, 2020. The world's workers are reeling from the initial shock of the coronavirus recession, with job losses and welfare claims around the globe already running into the millions this week. Photographer: Christopher Dilts/Bloomberg
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