HUB INTERNATIONAL ACQUIRES ACCOUNTS FROM WESCOM INSURANCE SERVICES, LLC

Chicago Jan 6, 2010 -

Hub International Limited (Hub) announced today that it has acquired the Commercial Lines and Life & Health books of business of Wescom Insurance Services, LLC (Wescom), an Anaheim, California-based insurance brokerage firm and wholly owned subsidiary of Wescom Credit Union. Terms of the transaction were not disclosed.

The Commercial Lines and Life & Health members of the Wescom team will join Hub International Insurance Services Inc. (Hub California). This transaction will expand Hub California’s geographic footprint in Southern California by adding a strategic office in Downey, California between other existing offices. Wescom, which was founded in 2004, currently works with a wide range of middle market to small accounts, arranging Property & Casualty, Employee Benefits and Life Insurance programs. The company has grown both organically and through acquisition since its inception over 15 years ago.

Roy Taylor, President, West Region of Hub, commented that "we look forward to welcoming the Wescom team to Hub. Given the similar corporate culture that we share, as well as the opportunity to offer their staff and customers the advantages of being part of one of the nation’s top ten insurance brokerage firms, this was a great fit for both groups. We were seeking a firm to help us further expand our client base in the Anaheim and Downey areas and Wescom has built an impressive business in those territories.”

Headquartered in Chicago, IL, Hub International Limited is a leading North American insurance brokerage that provides a broad array of property and casualty, reinsurance, life and health, employee benefits, investment and risk management products and services through offices located in the United States and Canada.

MEDIA CONTACTS:
Daniel Goldsmith
Hub International Limited
Chief Financial Officer
Phone: 312.279.4840
Daniel.Goldsmith@hubinternational.com

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

Source: HUB International Limited