2007 | Press Release

Nov 7, 2007 – Hub International acquires Diversified Risk Insurance Brokers

HUB INTERNATIONAL ACQUIRES
DIVERSIFIED RISK INSURANCE BROKERS
Deal Expands Presence in Northern California
Nov 7 ñ Chicago, IL — Hub International Limited announced today that its California
subsidiary has acquired FLF, Inc. d/b/a Diversified Risk Insurance Brokers, Inc. (DRIB),
a California-based insurance brokerage. DRIBís operation in Emeryville, California will
become part of Hub International of California Insurance Services, Inc. (HUB
California), and will be moved into HUB Californiaís Pleasant Hill office in the first
quarter of 2008. The combined operations in Pleasant Hill will have revenues in excess of
$11 million and approximately 50 staff members.
“We are excited to have the team at DRIB join forces with our already successful office
in Pleasant Hill,” said Kirk Christ, president of HUB California. “For some time now, we
have been looking to expand our presence in the Northern California market, and this
acquisition adds the right people and enhances the opportunities for future growth. ”
“This transaction benefits our employees, clients and business partners as we will soon
offer a broader spectrum of services and expertise,” said Stephen Meeker of DRIB.
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.
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