HUB INTERNATIONAL ACQUIRES MONTANA INSURANCE GROUP

 

Press releases

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 Add Title:  HUB INTERNATIONAL ACQUIRES MONTANA INSURANCE GROUP
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 Location:  Chicago
 Date:    2009-07-02  
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Hub International Limited (Hub) announced today that its Mountain States operating unit (Hub Mountain States) has acquired the assets of Montana Insurance Group, a Billings, Montana based insurance brokerage firm specializing in employee benefits. Terms of the acquisition were not disclosed.

Montana Insurance Group serves commercial businesses and consumers throughout Montana and northern Wyoming. Greg Lovegrove and Christy Lovegrove, the founders of Montana Insurance Group, will be joining the Billings office of Hub Mountain States.

The acquisition gives Hub Mountain States additional scale with top-rated carriers in the Mountain States region, promotes cross-selling opportunities among existing clients, and complements the current focus of Hub International.

Tim Barnes, President of Hub Mountain States, commented, "We are pleased to welcome the Lovegroves to Hub and expand our team of professionals in Billings. Due to their strong existing market relationships, this acquisition was a great fit for us. It expands our employee benefits capabilities and adds to our solid presence in Montana.”

Headquartered in Chicago, IL, Hub International Limited is a leading North American insurance brokerage that provides a broad array of property and casualty, reinsurance, 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:
MEDIA CONTACTS:
Clark Wormer
Hub International Limited
Director, Mergers & Acquisitions
Phone: 312.279.4848
Clark.Wormer@hubinternational.com
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 SOURCE :   HUB International Limited