HUB INTERNATIONAL ACQUIRES HUESTIS COMMERCIAL INSURANCE, LTD

 

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 Add Title:  HUB INTERNATIONAL ACQUIRES HUESTIS COMMERCIAL INSURANCE, LTD
Subtitle:

Deal to Create New Regional Hub in Atlantic Provinces

 Location:  Chicago
 Date:    2012-11-05  
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Hub International Limited (Hub) announced today that it has acquired the shares of Huestis Commercial Insurance Ltd. (HCIL), a Saint John, New Brunswick, Canada-based insurance brokerage firm. Terms of the acquisition were not disclosed.

HCIL, which operates from three locations throughout New Brunswick and Nova Scotia, represents Hub's first acquisition in the Atlantic Provinces. The HCIL operation will be the platform for the newly formed Hub Atlantic. Paul Huestis will continue as the President of this operation and will report to Jim Barton, President, Canadian region.

"This acquisition establishes a new Hub for us in the Atlantic Provinces and gives us the infrastructure to expand our presence in Atlantic Canada," said Jim Barton. "The team at HCIL knows their local marketplace and is ready to support our growth as we build the Hub brand across Canada."

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

 Please, enter the source in the following box.   
 SOURCE :   HUB International Limited