HUB INTERNATIONAL ACQUIRES ASSETS OF SIDLES, DUNCAN AND ASSOCIATES

Chicago Jul 3, 2012 -

Hub International Limited (Hub) announced today that it has acquired the assets of Sidles, Duncan and Associates (SDA), an Irvine, California-based employee benefits brokerage firm. Terms of the acquisition were not disclosed. The SDA operation will become part of the California division of Hub International Insurance Services (Hub California). SDA shareholders Peter Duncan, Chad Sidles and Eric Barthel, will join the Hub California team as a part of this transaction.

SDA specializes in working with mid-sized and large employers to provide a broad suite of employee benefits brokerage and consulting services, including professional employer organization (PEO) services, proprietary network management and healthcare purchasing strategies. Clients span across many different industries including national restaurant organizations, agricultural companies, hospitals, nursing homes, public sector, manufacturing and service industry. SDA has extensive experience in implementing and managing fully insured and self funded plans and employee benefit plan administrative services. By joining the tenth largest global insurance brokerage firm, SDA will now be able to offer its customers full lines of insurance products and services and access to new market relationships.

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

 

 

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


Scott Goodreau
Hub International Limited
Chief Legal Officer
Phone: 312-279-4886
Scott.Goodreau@hubinternational.com

Source: HUB International Limited