HUB INTERNATIONAL ACQUIRES ASSETS OF CALIFORNIA-BASED FRAMBERGER EMPLOYEE BENEFITS

Chicago May 12, 2015 -

Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the assets of Framberger Employee Benefits & Insurance Services, Inc. (Framberger).  Terms of the acquisition were not disclosed.  The agency will become part of the California operations of Hub International Insurance Services (Hub California). 

Framberger is a full-service employee benefits agency and brokerage based in San Luis Obispo, California. A long-standing member of the community, the firm specializes in health, life, dental, vision, long-term care, disability and supplemental insurance for both groups and individuals

The acquisition will offer Framberger's clients expanded benefits solutions including strategic benefits planning, population health management, employee engagement and communication, healthcare reform guidance and compliance and exchange technology solutions.  Additionally, Framberger will leverage Hub California's extensive property and casualty solutions as a new service offering for its clients.

The firm's owner, Connie Framberger, will join Hub California as Vice President, reporting to Darren Caesar, Senior Executive Vice President, Hub California. With this latest acquisition, Hub California will employ more than 950 employees in the state. 

About Hub’s M&A Activities
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the Hub M&A experience, 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 North America. For more information visit www.hubinternational.com.

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