Our Story

HUB International was formed with the merger of 11 privately held Canadian insurance brokerages in 1998. Today, we are ranked among the largest insurance brokers worldwide.

The entrepreneurial spirit that formed HUB is evident today in the way we do business. Our company is organized around large regional “hubs” with over 250 satellite offices. Our structure enables us to be proactive in addressing local market needs while centrally managing the growth of our business with consistent standards.

While global, our strength lies in our commitment to the communities we live and do business in. We are here to help you evaluate your risks and develop solutions that are tailored to your needs.

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Vision and Values

HUB Vision

HUB International will be the leading sales and service organization in the insurance industry.  We will be the first choice of customers, employees and investors, offering them their best value-added opportunity over the long term.  We will conduct ourselves ethically and promote diversity and development.

HUB Values

Entrepreneurship – We encourage innovation and educated risk-taking
Balance – We balance corporate duty with personal growth
Integrity – We do the right thing every time
Teamwork
– We work together to maximize results
Discipline – We focus on our goals
Accountability – We measure and take responsibility for outcomes
Service - We serve our customers, communities and colleagues


Hub, A History

Timeline

We continue to grow the business both organically and through acquisition.

1998
Eleven Canadian brokerages merge to form HUB International Limited.

HUB posts net earnings of $1.7 million on revenue of $38.7 million.

1999 
HUB common shares begin trading on the Toronto Stock Exchange under the symbol HBG.

Acquires and integrates 42 brokerages, and expands operations to the United States and Western Canada.

2000 
Acquires and integrates 18 brokerages and establishes new regional operations in New England.

Earnings increase to $6.1 million on $95.2 million of revenue.

2001
Moves corporate headquarters to Chicago. Acquires and integrates 14 brokerages, and establishes new regional operations in the Northeast.

2002
U.S. initial public offering raises $88.1 million as HUB lists on the New York Stock Exchange under the ticker symbol HBG. Listing on the Toronto Stock Exchange is maintained.

Acquires and integrates 10 brokerages.

2003
Acquires and integrates 10 brokerages. Net earnings increase to $36.5 million as revenue grows to $286.4 million.

2004
Acquires and integrates seven brokerages and expands presence across the Western United States.

2005
Acquires and integrates 15 brokerages.

2006
Market capitalization (total shares x price share) passes $1 billion for the first time.

Acquires and integrates 20 brokerages.

2007
Enters into an agreement to be acquired by funds advised by Apax Partners together with Morgan Stanley Principal Investments.

Acquires and integrates 25 brokerages and establishes new regional operations in Louisiana (HUB Gulf South) and Texas.

2008
Acquires and integrates 21 brokerages.

2009
Acquires and integrates 13 brokerages including the renewal rights to Liberty Mutual's middle market commercial property and casualty business in 11 states.

2010
Acquires and integrates 22 brokerages.

2011
Acquires and integrates 37 brokerages and establishes new regional operations in the Carolinas (HUB Southeast) and in Manitoba (HUB Horizon).

Acquires Harmonia Corretora de Seguros Ltd, a full service brokerage headquartered in Sao Paulo, Brazil, and forms its first regional hub in Latin America.

2012
Acquires 29 brokerages and establishes new regional operations in the Maritimes (HUB Atlantic) and in Oklahoma (HUB CFR).

Acquires Carrión, Laffitte & Casellas, Inc, headquartered in San Juan, Puerto Rico and forms a new regional hub in the Caribbean, doing business as HUB International CLC.

2013
Enters into an agreement to be acquired by funds advised by Hellman & Friedman, LLC.

Acquires Connelly, Carlisle, Fields & Nichols (CCFN) and forms a new regional hub doing business as HUB International Florida.

Executive Management Team

Marty
Martin P. Hughes

Chairman of the Board of Directors & Chief Executive Officer

Richard A. Gulliver

President, Mergers & Acquisitions

W. Kirk James

Chief Operating Officer
Larryannualphoto04_95pixels.jpg
Lawrence J. Lineker
Regional President, Canada
Deb Deter
Deborah Deters

Chief Human Resources Officer
ScootGoodreau
Scott Goodreau
Chief Sales Officer

Roy H. Taylor

Regional President, West
Joseph Hyde
Joseph C. Hyde

Chief Financial Officer
Marc I. Cohen
Marc I. Cohen
Regional President, East
Jack McGrath 
John (Jack) McGrath
Regional President, Central
Ron Agypt
Ron Agypt
Chief Sales Officer, Employee Benefits
Barry Cordeiro 
Barry Cordeiro
Vice President, Chief Information Officer

Neil Morrison
Neil Morrison
Executive Vice President, Operations
Chad Robertson 
Chad Robertson
Regional President, Canada West

 

hub gives

HUB GIVES is a charitable and community-giving program that enables HUB employees to donate their time and service to community projects.

Employees tap into their creativity, passion and connection to their communities to participate in meaningful projects great and small.

Each HUB has adopted at least one project in its region that meets the following criteria:

  • GIVE – We give back to the communities we live and do business in.
  • INVEST – We provide a foundation for future investment and ongoing participation.
  • VOLUNTEER – We volunteer and help build a sense of community pride within each hub region.
  • ENGAGE – We engage as many employees as possible to make a meaningful contribution.
  • SERVE – We serve not only our clients but our communities.

To learn more, contact your local HUB office.

Wholesale

In addition to retail and specialty programs, HUB has wholesale operations that support independent brokers and their clients across North America. We are constantly researching the marketplace and working with insurance carriers to develop programs that address a wide range of property, casualty and wealth management needs.

Our organization’s size and access to insurance markets translates into a powerful market resource for brokers and agents.

Wholesale Property & Casualty

Life And Investment Products

Investor Relations

On October 2, 2013, HUB International Limited was acquired by funds advised by Hellman & Friedman LLC. The transaction values Hub at approximately US$4.4 billion. Investment funds managed by Hellman & Friedman hold a majority interest in the company, while members of Hub’s senior management also have a significant equity position. 

Read Company Statement

View the August 5th and October 2nd press releases.

Access to Financial Information Requests

As a privately-owned company, HUB International Limited restricts access to its financial information. Current or prospective holders of the company’s 7.875% Senior Notes due 2021 issued by HUB International Limited, current or prospective holders of the 8.125% Senior Notes due 2019 issued by Hub Holdings, LLC, as well as securities analysts, are eligible to obtain access to:

  1. A secure Website to which the company has agreed to post certain reports and press releases required by the indentures governing the Notes; and
  2. A conference call held by the company to discuss such reports and the results of operations for the relevant reporting period. 

To apply for access to the secure Website and/or to receive coordinates for the company’s next quarterly conference call, please complete and submit the application below. 

Upon receipt of your application, we will send you a password and other information needed to access the secure Website.  By submitting this application, you agree that the company reserves the right to modify the terms of your access to the secure Website or future conference calls at any time and without notice.