From Wikipedia, the free encyclopedia
North American insurance brokerage
HUB International Limited
is an
insurance
brokerage
providing an array of property, casualty, risk management, life and health, employee benefits, investment, and wealth management products and services across North America. HUB has more than 375 offices across the
United States
and
Canada
and more than 10,000 employees. It is based in
Chicago
,
Illinois
.
HUB International was formed in 1998 with less than 300 employees and less than 50 Canadian offices. In early 2007, it was purchased by an investor group led by
private equity firm
Apax Partners
in a going-private transaction.
[2]
History
[
edit
]
In August 2013, the firm was acquired by the private equity firm
Hellman & Friedman
for around $4.4 billion.
[3]
In March 2020, Hub International Limited and Morneau Shepell Inc. announced the sale of Morneau Shepell's benefits consulting practice to Hub.
[4]
Also in March, Hub International Limited announced the acquisition of assets of Linton & Associates Insurance Agency. Terms of the deal were not disclosed.
[5]
In October 2021, Hub International's Specialty Program Group acquired healthcare liability insurance coverage provider, CM&F Group.
[6]
References
[
edit
]
External links
[
edit
]