SHRM_TLB_1.4.19

Hub International Acquires The Assets Of Rhode Island-Based RIMS Insurance Brokerage Corporation

Press Release from Hub International Northeast

CHICAGO, May 8, 2019 /PRNewswire/ -- Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the assets of RIMS Insurance Brokerage Corporation. Terms of the transaction were not disclosed.

Hub International Logo (PRNewsfoto/Hub International Limited)

Located in Providence, Rhode Island, RIMS Insurance Brokerage Corporation has offered medical professional liability insurance as well as life, health, disability, worker's compensation, business owner's insurance and other coverages since 1988. Its focus on the healthcare industry supports Hub's Specialty practices by complementing and strengthening Hub's existing capabilities.

Robert Anderson, President of RIMS Insurance Brokerage Corporation, will join Hub New England and will report to Daniel Nissi, President, Healthcare Specialty Practice, Hub New England.

"We are thrilled to have Bob of RIMS Insurance Brokerage Corporation join the Hub Healthcare team, and expand our expertise and services to medical practices and healthcare facilities in Rhode Island," said Shawn McLaughlin, Hub's National Healthcare Specialty Practice Leader.

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
Marni.gordon@hubinternational.com
M&A: Clark Wormer
Phone: 312.279.4848
Clark.wormer@hubinternational.com

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