HUB ACQUIRES JDW INSURANCE

 

Press releases

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 Add Title:  HUB INTERNATIONAL ACQUIRES ASSETS OF JDW INSURANCE
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 Location:  Chicago
 Date:    2012-09-04  
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Hub International Limited (Hub) announced today that it has acquired the assets of John D. Williams Company (d/b/a JDW Insurance) and its subsidiaries (collectively, JDW), an El Paso, Texas–based insurance brokerage operation. Terms of the acquisition were not disclosed. The JDW operation will become part of Hub International Texas (Hub Texas). The management team of JDW, Martin Yung, CEO and President; and John Rindt, Executive Vice President; will join Hub Texas, reporting to Jack McGrath, President and Chief Executive Officer.

Founded in 1929, JDW offers a comprehensive mix of insurance products and services, including property and casualty, surety, personal lines, employee benefits and life coverage. JDW works with a wide array of industries, with a strong focus on construction. Over the past few decades, the JDW operations have grown significantly, both organically and through acquisition, into the largest locally-owned insurance brokerage in the El Paso area, working with a diverse client base located throughout the State of Texas and various other States.

“We are pleased to welcome the seasoned team from JDW to Hub Texas,” said Jack McGrath. “The addition of the JDW operations, including their talented staff with deep expertise in many niche areas such as construction and surety, further solidifies Hub’s goal to strategically expand its presence in Texas. We look forward to offering the JDW customers the complete suite of insurance products and services available from a top global brokerage firm.”

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.

 

 

 

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CONTACT:

MEDIA CONTACTS:

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

Cara Siegel
Hub International Limited
Director, Media Relations
Phone: 516-677-4992
Cara.Siegel@hubinternational.com

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 SOURCE :   HUB International Limited