Nov 5, 2007 – Hub International acquires Rome Insurance Agency
HUB INTERNATIONAL ACQUIRES ROME INSURANCE AGENCY
Nov 5, 2007 — Boston, MA — HUB International Limited announced today that HUB
International New England (HUB New England) has acquired substantially all of the
assets of Rome Insurance Agency, Inc. (Rome). The Rome operation expands HUB New
England’s presence into central Massachusetts and adds $1.5 million net revenue to the
“We are pleased to welcome the Rome team and I am confident that they will be a great
addition to our organization,” said Charles Brophy, chief executive officer of HUB New
England. “The Rome agency provides us with the opportunity to grow our operation in
the central part of Massachusetts and continue to capitalize on our cross-selling
“Founded in 1939 by my father and uncle the Rome agency has a long-standing tradition
of handling commercial insurance for a variety of industries and has a strong base of
loyal clients that have sought our advice for everything from their first automobile to
securing coverage for their homes and personal belongings,” said Allen Rome, Rome’s
president. “We look forward to becoming part of the HUB team and further strengthening
our client relationships.”
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 Kevin P.
Donoghue at 212-251-0972 or visit www.mysticcapital.com.
# # #