HUB INTERNATIONAL ACQUIRES UNITED BENEFIT CONSULTING
Northeast Operation Expands Employee Benefit Consulting Capabilities
CHICAGOóJuly 7, 2008 ó Hub International Limited announced today that Hub
International Northeast (HUB Northeast) has acquired the assets of United Benefit
Consulting, Inc. (UBC), a Long Island-based firm specializing in employee benefit
consulting services. Terms of the transaction were not disclosed. The employees of
UBC will continue to work from their existing office in Smithtown, NY. Susan SajiunFitzharris, CFP, President of UBC, will join HUB Northeast as Vice President, reporting
to Thomas L. Mangan, President of HUB Northeast’s Employee Benefit Practice.
UBC was formed in 1972 and since its formation has been continuously recognized as a
top area employee benefit consulting firm. The company services clients in a wide
variety of industries.
“The acquisition of United Benefit Consulting will further our continued growth and
emphasis in the area of employee benefit consulting services,” said Marc I. Cohen,
President and Chief Executive Officer, HUB Northeast. “By adding Susan and her staff
to the HUB Northeast team, we will be expanding our offerings in the Long Island area
and building on the terrific reputation she has built for the firm in the local business
community and beyond.”
“We are excited to have the opportunity to join HUB and become part of one of the
largest and most respected brokerage firms in the New York region,” said Susan Sajiun
Fitzharris. “With extensive value-added services and resources that HUB’s employee
benefit practice offers to its clients, we are confident that our staff and customers will
only benefit in many ways from our joining forces.”Headquartered in Chicago, IL, Hub
International Limited is a leading North American insurance brokerage that provides a
broad array of property and casualty, reinsurance, life and health, employee benefits,
investment and risk management products and services through offices located in the
United States and Canada.
Mystic Capital Advisors Group, LLC provided transaction advisory services to Hub
International. For more information on Mystic Capital, please contact Lorna L.
Gunnersen at 972-899-2417 or visit www.mysticcapital.com.