HUB INTERNATIONAL ACQUIRES THE TRANSPORTATION GROUP

 

Press releases

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 Add Title:  HUB INTERNATIONAL ACQUIRES THE TRANSPORTATION GROUP
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 Location:  Chicago
 Date:    2011-05-16  
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Hub International Limited (Hub) announced today that it has acquired the assets of The Transportation Group, LTD (TTG), a Dallas and Houston, Texas-based brokerage firm that specializes in insurance and risk management for the trucking industry.  Terms of the acquisition were not disclosed.  As a result of this acquisition, TTG will become part of Hub International Transportation Insurance Services Inc. (Hub Transportation). Jim Howse and Jerry Gillikin, owners of TTG, will join Hub Transportation, reporting to Mike Birge, President of Hub Transportation.

TTG is a leading provider of insurance solutions for the trucking industry in Texas, comprised of various specialists who have dedicated their careers to this sector. The addition of TTG will strengthen Hub Transportation’s current footprint in the Texas market, adding a new presence in Dallas and expanding Hub’s existing base in Houston and San Antonio, headed up by Dennis Templeton, Managing Vice President, Hub Transportation. This acquisition will enhance Hub Transportation’s relationship with top-rated insurance carriers who specialize in serving the transportation industry.

Mike Birge commented, “This acquisition represents Hub’s dedication to finding top talent to serve the insurance needs of trucking companies across the US and Canada. The TTG team is known for its customized coverage solutions for this niche market, and Jim, Jerry and their colleagues are truly specialists at what they do.  We look forward to serving their clients and providing them with additional products, markets and services through Hub’s many resources and value-added offerings.”

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