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Friday, August 2, 2013

HUB INTERNATIONAL ACQUIRES ASSETS OF THE UNITY GROUP (PRESS RELEASE)

CHICAGO– August 2, 2013 - Hub International Limited (Hub), a leading global insurance brokerage, announced today that its subsidiary Hub International Northwest (Hub Northwest) has acquired the assets of The Unity Group, Inc. (Unity), a Bellingham, Washington-based full-service insurance brokerage firm. Terms of the acquisition were not disclosed. In connection with this acquisition, Barry Hanson, currently President of The Unity Group, will be joining Hub Northwest as an Executive Vice President leading Bellingham Operations and becoming a member of Hub Northwest Executive Team, reporting to Andy Prill, President and Chief Executive Officer, Hub Northwest.
Founded in 1929, Unity is one of the largest independent insurance agencies in the state of Washington. They serve the insurance needs of a well-diversified and loyal client base including businesses and individuals throughout the Bellingham area and Puget Sound region. They offer a wide array of products and services, with specialties in large group employee benefit programs, real estate (including condominiums and property management firms) and education (school districts).

“We are pleased to welcome the Unity employees to Hub,” stated Andy Prill, President and Chief Executive Officer, Hub Northwest. “The addition of this talented group to Hub Northwest will further strengthen our capabilities, making us one of the largest brokerage operations across Washington.”

“Hub and Unity share a common vision that is customer-centric,” said Barry Hanson, President, Unity. “With the addition of Hub’s value-added services, our team of professionals will be able to provide our clients with the many offerings of a top global brokerage firm.

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, Puerto Rico and Brazil.