HUB INTERNATIONAL ACQUIRES ASSETS OF LAWSON-HAWKS INSURANCE AGENCY

 

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 Add Title:  HUB INTERNATIONAL ACQUIRES ASSETS OF LAWSON-HAWKS INSURANCE AGENCY
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 Location:  Chicago
 Date:    2011-05-09  
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Hub International Limited (Hub), a leading insurance brokerage firm, announced today that it has acquired the assets of Lawson-Hawks Insurance Agency Inc. (LHI), a Mountain View, California-based insurance brokerage firm. Terms of the acquisition were not disclosed.  In connection with this transaction, the LHI team will become part of the California operations of Hub International Insurance Services (Hub California) and will remain in their existing offices in Mountain View, Carmel, Folsom, Monterey and Truckee, California. John Miller, Chief Executive Officer of LHI, will join Hub California as a senior officer and will focus on the growth of Hub California’s operations and the development of its extensive client services in Northern California.

LHI is a full-service agency, offering a broad spectrum of property and casualty, employee benefits and personal lines insurance programs to businesses and individuals throughout California and the Western United States.  Founded in 1937, LHI serves the insurance and risk management needs of companies across many industries, with specific niche expertise in medical malpractice, lawyers’ professional liability, environmental insurance, coverage for home builders and affinity and program business of several national associations. As one of the largest independent privately-held brokers in California, LHI is well-known throughout Northern California and has many long-standing client relationships that extend over the last seven decades.

“This acquisition strategically expands Hub’s footprint in California and we are pleased to welcome the talented group from LHI to the Hub team,” said Kirk Christ, President, Hub California.

“For over 70 years, they have been offering quality programs and have established an excellent reputation throughout the communities they serve for their high level of products and services. We look forward to serving their extensive roster of clients and providing them with the many resources and value-added services we provide.”

“Over the course of many months, we at LHI have come to believe that the opportunity to join with HUB is an undertaking whose time has come.  With an increasingly diverse client base, economic challenges facing many of the sector’s we specialize in and increasingly complex risk management strategies and implementation processes, we simply felt that our clients would benefit immediately and materially were we to align their servicing to the depth and breadth of professional services and programs offered through HUB International”, remarked John Miller.

Headquartered in Chicago, Hub International Limited is a leading insurance brokerage providing a broad array of property, casualty, risk management, employee benefits, investment and wealth management products across North America. Hub is dedicated to helping businesses and individuals manage their insurance needs and plan for the unforeseen.  For more information, visit www.hubinternational.com.

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CONTACT:

MEDIA CONTACTS:

Daniel Goldsmith
Hub International Limited
Chief Financial Officer
Phone: 312.279.4840
Daniel.Goldsmith@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