HUB INTERNATIONAL CLOSES ACQUISITION OF ASSETS OF CHICAGO-BASED LAURUS STRATEGIES

Chicago November 4, 2014 -

Hub International Limited (Hub), a leading global insurance brokerage, announced today that its Chicago-area region Hub International Midwest (Hub Midwest) has completed its previously announced acquisition of the assets of Laurus Strategies (Laurus) from CSIG Holding Company. Terms of the acquisition were not disclosed. Laurus is an employee benefits, human resources, and human resource information system (HRIS) global benefits consulting business.

Laurus offers global health and benefits consulting, including expertise in such areas as: private exchange, human capital development, international total rewards, property and casualty (P&C), non-profit and public affairs, and human resource information system (HRIS) consulting, which helps clients assess current systems and identify the best alternatives, enabling benefit solutions to integrate with existing HR systems, such as payroll.

About Hub's M&A Activities

Hub International is committed to growth through organic efforts and acquisitions. It continues its aggressive pace of identifying and acquiring entrepreneurial brokers that are dedicated and focused on providing local market specialization, while at the same time looking to leverage the resources and tools of a global brokerage. For more information about Hub's M&A activities visit www.wearehub.com.

About Hub International

Headquartered in Chicago, IL, Hub International Limited is a leading global insurance brokerage that provides property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States, Canada and Latin America.

 

MEDIA CONTACTS:
Marni Gordon
Hub International Limited
Director, Corporate Communications
Phone: 312.279.4601
Marni.Gordon@hubinternational.com


Brokerage and Banker Contact:

Clark Wormer
Hub International Limited
Director, Mergers & Acquisitions
Phone: 312.279.4848
Clark.Wormer@hubinternational.com

Source: HUB International Limited