HUB INTERNATIONAL ACQUIRES THE ROY AGENCY

 

Press releases

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 Add Title:  HUB INTERNATIONAL ACQUIRES THE ROY AGENCY
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 Location:  Chicago
 Date:    2011-07-05  
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Hub International Limited (Hub) announced today that it has acquired the Roy Agency, Inc. (Roy), a Plano, Texas-based insurance brokerage firm. Terms of the transaction were not disclosed. The Roy team will become part of Hub International Rigg (Hub Texas).  Agency principals and founders, Denise M. Roy, President, and Christopher J. (CJ) Roy, Vice President, will join Hub Texas, reporting to Gregory Louvier Sr., President and Chief Operations Officer, Hub Texas.

Founded in 1988, Roy provides commercial property & casualty insurance and risk management solutions. They offer a wide array of coverage to a diversified book of business that spans various industries including construction contractors, manufacturers, and service industry providers in Texas.  Roy maintains high retention rates with clients, many of whom are leading employers in North Texas.  This acquisition gives HUB the opportunity to offer a wide array of employee benefits, life, and personal insurance offerings to Roy clients.  The firm is active in many industry professional associations in Texas.

Gregory Louvier, Sr. commented, "We are pleased to join forces with the Roy team, a brokerage with a stellar reputation for quality commercial lines coverage and service. This agency was an excellent fit for Hub given their deep expertise in several core industries we serve.  We look forward to being a full-service agency resource to the existing clients of the Roy Agency, with the capability to now serve all of their insurance needs.”

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.

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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