H&F-owned Hub acquires Ontario commercial book of business

Sinclair Cockburn Ltd, an Ontario subsidiary of Hub International Ltd, has purchased a commercial line book of business from independent broker Lisa Cook. The financial terms of the transaction were not published. Lisa Cook will join Hub’s Markham, Ontario, office and support its mid-market commercial business, the company said. Hub, a Chicago-based insurance brokerage with significant operations in Canada, was acquired in 2013 by U.S. private equity firm Hellman & Friedman from its previous private equity owners for US$4.4 billion.


Hub International Acquires Commercial Line Book of Business

Chicago September 3, 2014 –

Hub International Limited (Hub) announced today that its Ontario subsidiary Hub International Sinclair Cockburn Limited has acquired a commercial line book of business from independent broker Lisa Cook. Terms of the acquisition were not disclosed.

Lisa Cook will join Hub’s Markham, Ontario office bringing with her a depth of experience in the region’s growing life sciences industry. She will support Hub Ontario’s regional efforts to expand its general middle-market commercial business, focusing on healthcare, manufacturing and pharmaceutical industries.

About Hub’s M&A Activities

Hub International is committed to growth through organic efforts and acquisitions. It continues its aggressive pace of identifying and acquiring entrepreneurial brokers that are dedicated and focused on providing local market specialization, while at the same time looking to leverage the resources and tools of a global brokerage. For more information about Hub’s M&A activities visit www.WeAreHub.com.

About Hub International

Headquartered in Chicago, IL, Hub International Limited is a leading global insurance brokerage that provides property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States, Canada and Latin America. For more information visit www.hubinternational.com.

Marni Gordon
Hub International Limited
Director, Corporate Communications
Phone: 312.279.4601
Brokerage and Banker Contact:
Clark Wormer
Hub International Limited
Director, Mergers & Acquisitions
Phone: 312.279.4848

Source: HUB International Limited

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