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Press Release
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| HUB INTERNATIONAL ACQUIRES TRANSPORTATION ACCOUNTS FROM MAPLE LEAF INSURANCE AGENCY |
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Chicago
July
7,
2010 - Hub International Limited (Hub) announced today that its Transportation Insurance operating unit has acquired the retail book of business from Maple Leaf Insurance Agency, Inc., a Bremerton, Washington – based brokerage firm that serves trucking companies throughout the U.S. Terms of the acquisition were not disclosed.
The acquisition enables Hub to expand its transportation presence in the Pacific Northwest and enhance its relationship with top-rated insurance carriers who specialize in serving the transportation industry. Additional resources from Hub’s Oregon office will supplement the Maple Leaf customer service staff joining Hub.
Mike Birge, President of Hub International Transportation, commented, “This acquisition complements our exclusive focus on serving the insurance needs of trucking companies across North America. We look forward to getting to know our new clients and demonstrating the full array of insurance and risk management services that Hub offers trucking companies.”
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. |
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 |
| Source: HUB International Limited |
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