HUB INTERNATIONAL ACQUIRES THE ASSETS OF TENNESSEE-BASED COWAN BENEFIT SERVICES, INC.

Chicago January 5, 2016 -

Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the assets of Cowan Benefit Services, Inc. (Cowan).  Terms of the acquisition were not disclosed.

Based in Brentwood, Tennessee (a suburb of Nashville), Cowan specializes in employee benefits and provides a full range of products, services and expert consulting to its clients including insurance, health and benefits, wellness, and benefit administration services.  Matt Cowan, CEO, will join Hub Gulf South and report to Steve Terry, President, Hub Gulf South. He will oversee current operations in Tennessee as well as assist with Hub’s growth plans in the region. 

“Cowan has provided the highest quality service to its clients and developed unique capabilities to meet their needs over the last 25 years,” said Cowan. “Adding the capabilities of Hub will allow us to grow and continue to meet these ever-changing needs for many years to come. We were attracted to Hub because of their long-standing belief in the local service model.”

“We are really excited to have Cowan part of Hub,” stated Terry.” Cowan brings an exceptionally talented team with a history of success and will serve as a foundation for Hub to build and expand on in the Tennessee market.”  

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