Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the assets of Parq Advisors. Terms of the acquisition were not disclosed.
Based in Beverly Hills, California, Parq Advisors specializes in providing life and disability insurance solutions to some of the world’s most high profile athletes, entertainers, and ultra-affluent professionals. Justin Siegel and Ryan Stromsborg, Co-Managing Partners, will join Hub California and report to Andrew Forchelli, Senior Executive Vice President, Hub California.
“Having Justin, Ryan and their team part of the Hub organization presents a great deal of synergy by providing innovative insurance solutions to ultra-affluent, high profile professionals,” noted Forchelli. “Additionally, the combination of Parq and Hub is a truly one-of-a-kind offering for the entertainment industry, a key industry focus for Hub.”
MEDIA CONTACTS:
Marni Gordon
Hub International Limited
Director, Corporate Communications
Phone: 312.279.4601
[email protected]
Brokerage and Banker Contact:
Clark Wormer
Hub International Limited
Director, Mergers & Acquisitions
Phone: 312.279.4848
[email protected]
Source: HUB International Limited