Hub International Acquires Westar Insurance Managers; Deal Expands Aviation Expertise.CHICAGO -- Hub International Hub International Limited is an insurance brokerage based in Chicago, Illinois. The company has 200+ offices across the United States and Canada. The company offers three types of commercial products and services: property and casualty products, employee benefits and risk Limited (NYSE NYSE See: New York Stock Exchange :HBG HBG Harrisburg (Pennsylvania) HBG Helsingborg (Sweden) HBG Hollandsche Beton Groep HBG Home Buyers Guide (magazine) HBG Honolulu Botanical Gardens ) (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :HBG), a leading North American North American named after North America. North American blastomycosis see North American blastomycosis. North American cattle tick see boophilusannulatus. insurance brokerage, announced today the purchase of Westar Insurance Managers ("Westar"), based in Kirkland, Washington. The company will become part of Hub International's Seattle-based operation (HUB Northwest), which currently offers special expertise in the construction industry, an array of commercial lines of business, life and benefits products and personal lines coverages. Terms of the transaction were not disclosed. With annual revenue of approximately $2.1 million, Westar provides customers with general lines capabilities and specialized expertise in both aviation risk and personal insurance. Westar principals Doris D. Perry, Susan E. Carroll and Laurie P. Hutcherson will join HUB Northwest. "Westar and its sales team offer a solid new specialty focus on aviation and a great talent pool for our growing operations," said Steve Bush, president of HUB Northwest. "The company has built a strong track record of growth and we know they will continue to follow that pattern at Hub." "Hub's well-established relationships with both insurers and clients generate great potential for us to expand in our region and beyond," said Dee Perry, President of Westar. "We welcome the opportunity to introduce Hub's substantial capabilities to our existing customer base." Headquartered in Chicago, Illinois, Hub International Limited is a leading North American insurance brokerage that provides a broad array of property and casualty, reinsurance The contract made between an insurance company and a third party to protect the insurance company from losses. The contract provides for the third party to pay for the loss sustained by the insurance company when the company makes a payment on the original contract. , life and health, employee benefits, investment and risk management products and services through offices located in the United States and Canada. |
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