Hub International Acquires The Assets Of New York-Based The Rubin Group, Inc.

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Jan 07, 2019, 08:00 ET

CHICAGO, Jan. 7, 2019 /PRNewswire/ -- Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the assets of The Rubin Group, Inc. (The Rubin Group). Terms of the transaction were not disclosed.

Headquartered in New York, New York, The Rubin Group has provided insurance and risk management solutions to businesses and individuals throughout the country for nearly 30 years. The firm specializes in commercial and personal insurance, providing a portfolio of business and industry-specific insurance solutions and risk mitigation strategies in industries such as real estate, retail, construction and transportation, all of which support Hub's Specialty practices and complement and strengthen Hub's existing solutions.

"Hub continues to make investments in new products, resources and talent to establish a best-in-class client experience," said Paul Collins, President and Chief Executive Officer of Hub International Northeast. "Michael Rubin and the Rubin Group will add depth and bench strength to our Specialty practices and risk services, providing a holistic offering to clients in the industries that they serve."

Michael Rubin, President of The Rubin Group, who, along with his team, will join Hub International Northeast, said: "We are excited to join Hub. Hub is as committed to clients and developing innovative and tailored insurance and risk management solutions as The Rubin Group. We look forward to joining Hub's specialists across North America to help clients grow their business with the peace of mind that their risks and exposures are mitigated."

About Hub's M&A Activities
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the Hub M&A experience, visit WeAreHub.com.

About Hub International
Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. With more than 11,000 employees in offices located throughout North America, Hub's vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit www.hubinternational.com.

CONTACT:
Media: Marni Gordon
Phone: 312-279-4601
[email protected]
M&A: Clark Wormer
Phone: 312.279.4848
[email protected]

SOURCE Hub International Limited