HUB ACQUIRES DAYSTAR FINANCIAL GROUP

HUB INTERNATIONAL ACQUIRES DAYSTAR FINANCIAL GROUP

Chicago December 4, 2013 -

Hub International Limited (Hub) announced today that its subsidiary Hub Financial Inc. (Hub Financial) has acquired the shares of Daystar Financial Group Inc. (Daystar), a managing general agency (MGA) firm with offices in Vancouver, Calgary, Winnipeg, Toronto and Mississauga.  Terms of the acquisition were not disclosed.  Rene Pereux and Keith Brown, the former principals of Daystar, will be staying on with Hub Financial as independent consultants working with Terri DiFlorio, President, Hub Financial.

Founded in June 2002, Daystar is an MGA serving independent life insurance and investment advisors, with a specialty in high net worth clientele. This acquisition will add five new offices to the Hub footprint across Canada.

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, Puerto Rico and Brazil.

 

 

 

MEDIA CONTACTS:
Cara Siegel
Hub International Limited
Director, Corporate Brand Management and Media Relations
Phone: 516.677.4992
Cara.Siegel@hubinternational.com

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

Source: HUB International Limited