Hub International Buys Insurance Servicing Business

 

Press releases

Please, inside of the following boxes, enter a title for the press release, location and date.

 

 Add Title:  Hub International Buys Insurance Servicing Business
Subtitle:
 Location:  Chicago
 Date:    2006-07-11  
 Please, in the following box below, enter the text for the press release. There is not limit of words. You can always go back and re-edit it.

Hub International Limited (NYSE:HBG)(TSX:HBG) today announced the acquisition of a life insurance portfolio from Standard International Underwriters Ltd. (SIU). Details of the purchase by the Toronto-based Hub Financial Inc. (HUB Financial) were not disclosed.

Both HUB Financial and SIU are Managing General Agencies operating in all provinces of Canada. HUB Financial will integrate the SIU servicing activities into its existing operations.

"SIU's servicing activities on behalf of thousands of independent life insurance brokers are similar to some of our own servicing relationships, leading us to anticipate a smooth integration," said Terri DiFlorio, president of HUB Financial.

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