HUB International was born in 1998 with the merger of 11 privately held insurance brokerages. That number has grown to a network of more than 400 integrated brokerages across North America - all carrying the HUB banner.
Today, HUB is one of the largest insurance brokers in the world, and represents a broad, deep, one-of-a-kind aggregation of insurance entrepreneurs.
1998Eleven Canadian brokerages merge to form HUB International Limited.Start the Story
1999HUB common shares begin trading on the TSX under the symbol HBG. Acquires and integrates 42 brokerages. Expands operations to the United States and Western Canada.
2000Acquires and integrates 18 brokerages and establishes new regional operations in New England. Earnings increase to $6.1 million on $95.2 million of revenue.
2001Moves corporate headquarters to Chicago. Acquires and integrates 14 brokerages, and establishes new regional operations in the Northeast.
2002-2003U.S. initial public offering raises $88.1 million as HUB lists on the NYSE. Acquires and integrates 20 brokerages. Revenue grows to $286.4 million.
2004-2005Acquires and integrates 22 brokerages and expands presence across the Western United States.
2006-2007Market capitalization passes $1 billion. Enters into agreement to be acquired by Apax Partners together with Morgan Stanley. Acquires and integrates 45 brokerages.
2008-2010Acquires and integrates 56 brokerages, including the renewal rights to Liberty Mutual's middle market commercial property and casualty business in 11 states.
2011-2012Acquires and integrates 66 brokerages and establishes new regional operations in the Carolinas, Manitoba, the Maritimes, Oklahoma, Puerto Rico, and the Caribbean.
2013-2015Enters into agreement to be acquired by funds advised by Hellman & Friedman, LLC. Acquires and integrates 102 brokerages.
employees across North America.
ranked among the world's largest insurance brokers.
offices across North America.