HUB ACQUIRES MARITIME INSURANCE GROUP

 

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 Add Title:  HUB ACQUIRES MARITIME INSURANCE GROUP
Subtitle:

HUB INTERNATIONAL ACQUIRES THE ASSETS OF MARITIME INSURANCE GROUP

 Location:  Chicago
 Date:    2013-01-09  
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Hub International Limited (Hub) announced today that it has acquired the assets of Maritime Insurance Group, Inc. (Maritime) an insurance agency with its principal office located in Sheboygan, Wisconsin. Terms of the acquisition were not disclosed. Maritime will become part of Hub International Midwest (Hub Midwest). Mike Mrdjenovich, President of Maritime, will join the organization, reporting to Neil Hughes, President and CEO, Hub Midwest.

Maritime is a full service retail brokerage offering commercial lines, personal lines, employee benefits programs, and financial services (through its division Maritime Financial Group) serving a broad array of customers throughout East-Central Wisconsin. Their commercial clients span across many industries including manufacturing, contracting, educational facilities, municipalities, and the service industry. Operating out of three locations in Wisconsin, Sheboygan, Manitowoc and Plymouth, this acquisition represents the expansion of Hub’s footprint into this state.

“We are pleased to welcome the talented team from Maritime to Hub,” said Neil Hughes. “As one of the leading diversified insurance brokers in Wisconsin, they have built an impressive client base. We look forward to working with their established customers and for Hub to have a stronger presence in this territory.”

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.

 

 

 

 In the following box below, please add a contact information.
CONTACT:
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

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 SOURCE :   HUB International Limited