diff --git a/contracts/v1/HubController.sol b/contracts/v1/HubController.sol
index ed8470dd..d94a6aa9 100644
--- a/contracts/v1/HubController.sol
+++ b/contracts/v1/HubController.sol
@@ -15,7 +15,7 @@ import {Ownable} from "@openzeppelin/contracts/access/Ownable.sol";
 
 contract HubController is Named, Versioned, ContractStatus, Ownable {
     string private constant _NAME = "HubController";
-    string private constant _VERSION = "1.0.1";
+    string private constant _VERSION = "1.0.2";
 
     // solhint-disable-next-line no-empty-blocks
     constructor(address hubAddress) ContractStatus(hubAddress) {}
diff --git a/test/v1/unit/HubController.test.ts b/test/v1/unit/HubController.test.ts
index cf866601..97300760 100644
--- a/test/v1/unit/HubController.test.ts
+++ b/test/v1/unit/HubController.test.ts
@@ -33,7 +33,7 @@ describe('@v1 @unit HubController contract', function () {
 
   it('Should deploy successfully with correct initial parameters', async function () {
     expect(await HubController.name()).to.equal('HubController');
-    expect(await HubController.version()).to.equal('1.0.1');
+    expect(await HubController.version()).to.equal('1.0.2');
   });
 
   it('New Profile contract set in the Hub through the HubController; Expect status for old Profile to be false, status for the new Profile to be true', async function () {