Hub International Acquires the Assets of California-Based Parq Advisors

CHICAGO--(BUSINESS WIRE)-- Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the assets of Parq Advisors. Terms of the acquisition were not disclosed.

Based in Beverly Hills, California, Parq Advisors specializes in providing life and disability insurance solutions to some of the world’s most high profile athletes, entertainers, and ultra-affluent professionals. Justin Siegel and Ryan Stromsborg, Co-Managing Partners, will join Hub California and report to Andrew Forchelli, Senior Executive Vice President, Hub California.

“Having Justin, Ryan and their team part of the Hub organization presents a great deal of synergy by providing innovative insurance solutions to ultra-affluent, high profile professionals,” noted Forchelli. “Additionally, the combination of Parq and Hub, is a truly one of a kind offering for the entertainment industry, a key industry focus for Hub.”

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, 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 from offices located throughout North America. For more information, please visit hubinternational.com.

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Hub International Limited

Media: Marni Gordon
Phone: 312-279-4601

[email protected]

or

M&A: Clark Wormer
Phone: 312.279.4848

[email protected]

Source: Hub International Limited