Hub International Acquires Employee Benefit Specialists; Combined Benefits Practices Strengthen Insurance Offerings in Colorado

 

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 Add Title:  Hub International Acquires Employee Benefit Specialists; Combined Benefits Practices Strengthen Insurance Offerings in Colorado
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 Location:  Chicago
 Date:    2005-12-29  
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Hub International Limited (NYSE:HBG)(TSX:HBG) today announced the acquisition of the assets of Employee Benefit Specialists, Inc. (EBS), a leading employee benefits brokerage serving the state of Colorado. The acquired business, based in Denver, will become part of Hub International Southwest (HUB Southwest), and integrated with HUB Southwest's Colorado employee benefits practice.

"This acquisition expands the depth and breadth of our employee benefits practice throughout the state and brings a talented collection of sales leaders into the HUB organization," said Roger Forystek, president of HUB Southwest.

Employee Benefit Specialists is recognized as a leading provider of employee benefits coverage to businesses throughout Colorado, generating approximately $2.2 million in revenue in 2004. Alan Curtis, PhD, previously EBS chief executive officer, will lead the benefits practice of HUB Southwest in Colorado and will join Hub International's best practices group for employee benefits.

"By joining Hub International, we are increasing both market access for our clients and career opportunities for our employees," Curtis said. "We look forward to working with our new colleagues and building an unparalleled employee benefits organization for Colorado businesses."

Headquartered in Chicago, IL, Hub International Limited is a leading North American 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 and Canada.

 In the following box below, please add a contact information.
CONTACT:
Hub International Limited
Media Contacts:
W. Kirk James, 312-279-4881
Kirk.james@hubinternational.com
or
Heather Schneider, 312-279-4683
Heather.schneider@hubinternational.com
or
Rosenbaum Advisors, Inc.
Investor Contact:
Michael Rosenbaum, 847-749-1010
Fax: 847-577-6767
Web: http://www.rosenbaumadvisors.com
E-mail: michael@rosenbaumadvisors.com
 Please, enter the source in the following box.   
 SOURCE :   Hub International Limited