Overview

HUB International Limited is a privately held insurance brokerage and professional-services company serving clients in the United States and Canada. Its business spans property and casualty insurance, risk management, life and health coverage, employee benefits, investment services, and wealth management. Rather than operating primarily as an insurer that assumes underwriting risk, HUB acts as an intermediary and adviser, helping individuals, businesses, and organizations evaluate exposures, arrange coverage, manage benefits, and address related financial needs. The company was formed in 1998 and initially had fewer than 300 employees and fewer than 50 offices in Canada. It subsequently expanded through a combination of geographic growth, brokerage acquisitions, and additions to its specialist capabilities. This model enabled HUB to build a broad North American platform while retaining a local-office presence in the communities where clients and regional insurance markets are based. HUB became privately owned in an investor-led transaction in early 2007, when a group led by Apax Partners acquired the company and took it private. In August 2013, private-equity firm Hellman & Friedman acquired HUB in a transaction reported at approximately $4.4 billion. Because HUB is private, it does not have a public stock listing or publicly traded ticker identified in the supplied reference material. The company has continued to broaden its service portfolio through acquisitions and asset purchases. In March 2020, HUB acquired Morneau Shepell's benefits consulting practice, strengthening its employee-benefits and consulting capabilities. In the same month, it announced the acquisition of assets of Linton & Associates Insurance Agency; the financial terms were not disclosed. In October 2021, HUB's Specialty Program Group acquired CM&F Group, a provider of healthcare liability insurance coverage. These transactions illustrate HUB's emphasis on expanding specialist expertise alongside its core brokerage network. The supplied reference describes HUB as having more than 375 offices and more than 10,000 employees across the United States and Canada. Its current offering therefore combines national scale with regional brokerage operations and specialized programs. Its positioning is that of a full-service, mid-to-large-market insurance intermediary offering commercial and personal insurance brokerage, employee-benefits advice, risk-management support, and selected investment and wealth-management services. The company remains active in both of its principal markets and is headquartered in Chicago.

History

HUB International was established in 1998 as an insurance brokerage serving the Canadian market. At formation, the company had fewer than 300 employees and fewer than 50 offices in Canada. Its early structure was therefore substantially smaller and more geographically concentrated than the North American platform described in later company references. The company's development followed the consolidation pattern common to insurance brokerage: building a larger network by combining local and specialist firms while extending the range of advice available to clients. Over time, HUB expanded across Canada and the United States and developed capabilities beyond traditional policy placement. Its stated areas of activity came to include property and casualty insurance, risk management, life and health products, employee benefits, investment services, and wealth management. A major ownership change occurred in early 2007, when an investor group led by Apax Partners purchased HUB in a going-private transaction. The transaction moved the company from its earlier ownership structure into private-equity ownership and provided the context for its subsequent privately held status. The supplied reference does not identify the company's founders or individual executives associated with its formation or ownership transitions. In August 2013, Hellman & Friedman acquired HUB International. The transaction was reported at approximately $4.4 billion. This acquisition represented another significant change in financial ownership but did not change the company's basic identity as a North American insurance brokerage. HUB continued to operate through a large network of offices in the United States and Canada. The company broadened its employee-benefits capabilities in March 2020 through the acquisition of Morneau Shepell's benefits consulting practice. The transaction connected HUB's brokerage platform with additional consulting expertise in benefits. Also in March 2020, HUB announced that it had acquired assets of Linton & Associates Insurance Agency. The financial terms of that transaction were not disclosed in the supplied material. In October 2021, HUB's Specialty Program Group acquired CM&F Group, which provided healthcare liability insurance coverage. This transaction added a specialist healthcare-liability capability to HUB's broader insurance platform and demonstrated the role of specialty programs within the company's expansion strategy. The supplied reference describes the modern company as having more than 375 offices and more than 10,000 employees across the United States and Canada, with its headquarters in Chicago, Illinois. HUB's present scope consequently reflects both scale and diversification: it maintains a broad brokerage network while offering specialist insurance programs, employee-benefits consulting, risk-management services, and related investment and wealth-management products. It remains a private, active company rather than a publicly listed insurer or financial-services corporation.

2021
Specialty Program Group acquires CM&F Group
[1]HUB Internationalen.wikipedia.org
HUB's Specialty Program Group acquired CM&F Group, a healthcare liability insurance coverage provider.
2020
Benefits consulting practice acquired from Morneau Shepell
[1]HUB Internationalen.wikipedia.org
HUB acquired Morneau Shepell's benefits consulting practice, expanding its employee-benefits advisory capabilities.
2020
Linton & Associates assets acquired
[1]HUB Internationalen.wikipedia.org
HUB announced the acquisition of assets of Linton & Associates Insurance Agency; deal terms were not disclosed.
2013
Hellman & Friedman acquires HUB
[1]HUB Internationalen.wikipedia.org
Hellman & Friedman acquired the brokerage in August 2013 in a transaction reported at approximately $4.4 billion.
2007
Apax Partners-led investor group takes HUB private
[1]HUB Internationalen.wikipedia.org
An investor group led by Apax Partners acquired HUB International in a going-private transaction.
1998
HUB International is formed
[1]HUB Internationalen.wikipedia.org
HUB International was established with fewer than 300 employees and fewer than 50 Canadian offices.

Products and positioning

A broad-service North American insurance brokerage combining local offices, specialist programs, employee-benefits consulting, and risk-management advice.

Insurance brokerage
Property and casualty insurance brokerage
HUB's core brokerage activities include property and casualty insurance products for clients in its United States and Canadian markets. As a broker, the company helps clients assess coverage needs and arrange insurance rather than functioning primarily as the risk-bearing underwriter. The supplied material identifies property and casualty as one of the company's principal service areas.
Advisory services
Risk management
HUB provides risk-management services alongside insurance brokerage. These services are intended to help clients identify exposures, evaluate insurance requirements, and organize related risk-financing or loss-control activity. The reference material names risk management as a distinct part of the company's North American service portfolio.
Employee benefits · 2020
Employee benefits and benefits consulting
The company advises on employee-benefits arrangements and expanded this capability through its 2020 acquisition of Morneau Shepell's benefits consulting practice. This area sits between insurance brokerage and human-resources consulting, covering benefits-related planning and advice for employer clients.
Insurance brokerage
Life and health insurance
HUB's stated offering includes life and health products. These services complement its property and casualty activities and form part of the company's broader insurance and benefits platform. The supplied sources do not provide a separate product launch date or detailed product-level segmentation.
Financial services
Investment and wealth management services
In addition to insurance and benefits, HUB provides investment and wealth-management products and services. The supplied reference identifies these activities as part of the company's overall offering but does not specify particular branded investment products, account types, or launch dates.
Specialty insurance · 2021
Healthcare liability insurance programs
HUB strengthened its specialty insurance capabilities when its Specialty Program Group acquired CM&F Group in 2021. CM&F was identified as a provider of healthcare liability insurance coverage, making healthcare professional liability a documented specialist area within HUB's broader platform.

Controversies

2026
HUB International sues Alliant Insurance Services over alleged client solicitation
HUB International Midwest filed a complaint on August 11, 2026, in federal court in Fort Myers, Florida, against a former senior producer and competitor Alliant Insurance Services, alleging breach of a non-solicitation agreement and tortious interference after three accounts moved to Alliant. The allegations are untested and no court has ruled on the merits.
Source

Brand decisions

2021
Specialty Program Group acquisition of CM&F GroupM&A
Background
HUB continued developing specialty insurance programs in addition to its general brokerage network.
Action taken
HUB's Specialty Program Group acquired CM&F Group, a healthcare liability insurance coverage provider.
Aftermath
The acquisition broadened HUB's documented specialty capabilities in healthcare liability coverage.
Source
2020
Acquisition of Morneau Shepell benefits consulting practiceM&A
Background
HUB sought to expand its employee-benefits and consulting capabilities within its broader insurance-services platform.
Action taken
HUB acquired Morneau Shepell's benefits consulting practice.
Aftermath
The transaction added benefits consulting capability to HUB's existing brokerage and advisory services.
Source
2020
Acquisition of Linton & Associates Insurance Agency assetsM&A
Background
HUB continued to expand its insurance brokerage assets during 2020.
Action taken
HUB announced the acquisition of assets of Linton & Associates Insurance Agency.
Aftermath
The supplied reference does not describe the subsequent integration or strategic effect.
Source
2013
Hellman & Friedman acquisitionM&A
Background
HUB had developed into a North American insurance brokerage with operations in the United States and Canada.
Action taken
Hellman & Friedman acquired HUB International in August 2013.
Aftermath
The company remained privately owned and continued operating as a multi-line brokerage and risk-management platform.
Reported transaction value. Approximately $4.4 billion (August 2013)
Source
2007
Going-private acquisition led by Apax PartnersM&A
Background
HUB International was a private insurance brokerage that had expanded from its initial Canadian base. An investor group led by Apax Partners pursued an ownership transaction.
Action taken
The investor group acquired HUB International in early 2007 through a going-private transaction.
Aftermath
HUB continued as a privately held insurance brokerage and later underwent another private-equity ownership change.
Source

Recent events

Unconfirmed
Reported2026.09.28
HUB International evolves its brand to reflect a decade of growth and expanded capabilities[5]HUB International 演进品牌，以反映十年增长与拓展的能力news.google.com
HUB International announced an evolution of its brand, stating that the change reflects a decade of growth and expanded capabilities.
2026.08.11
Reported2026.08.13
HUB International sues Alliant Insurance Services over alleged client solicitation[3]HUB International sues Alliant Insurance Services over alleged client solicitationinsurancebusinessmag.com
HUB International Midwest filed a complaint on August 11, 2026, in federal court in Fort Myers, Florida, against a former senior producer and competitor Alliant Insurance Services, alleging breach of a non-solicitation agreement and tortious interference after three accounts moved to Alliant. The allegations are untested and no court has ruled on the merits.
Unconfirmed
Reported2022.03.09
Hub International acquires Niedermeyer Risk Management assets[6]Hub International收购Niedermeyer Risk Management资产investmentnews.com
Hub International acquired the assets of Niedermeyer Risk Management, an employee-benefits consulting firm that also provides commercial and personal insurance. Its CEO, managing partner and team were to join Hub Northwest.
2021.11.10
Reported2021.11.10
HUB launches Drive Safe App[7]HUB 推出 Drive Safe 应用prnewswire.com
HUB International announced the launch of the HUB Drive Safe App, a fleet risk management solution that provides driver coaching, detects collisions and helps fleets manage insurance costs through safer driving behavior.
2021.10.19
Reported2021.10.19
Hub International acquires Rogersworks assets[8]Hub International收购Rogersworks资产privateequityinternational.com
Hub International acquired the assets of Rogersworks, a Vancouver-based brokerage specializing in employee group benefits and association group benefits.
2021.10.04
Reported2021.10.04
Hub International acquires National Home Warranty Group assets[9]Hub International收购National Home Warranty Group资产privateequityinternational.com
Hub International acquired the assets of National Home Warranty Group, a Western Canada-based home warranty subsidiary of Aviva Canada.
2021.09.01
Hub International completes acquisition of Millennium Advisory Services[10]Hub International完成对Millennium Advisory Services的收购opalesque.com
Hub International completed its acquisition of Virginia-based Millennium Advisory Services on September 1, 2021. The transaction terms were not announced.
2021.06.08
Reported2021.06.08
Hub International acquires EnterMedicare assets[11]Hub International收购EnterMedicare资产prnewswire.com
Hub International announced that it had acquired the assets of EnterMedicare; the transaction terms were not disclosed.
2021.06.04
Reported2021.06.04
Hub International acquires Salvatore Insurance Brokers[12]Hub International 收购 Salvatore Insurance Brokersprnewswire.com
Hub International announced that it had acquired Salvatore Insurance Brokers Ltd., an insurance agency located in Sackville, Nova Scotia. Salvatore Insurance’s president and team were to join Hub’s Atlantic Region.
2021.06.02
Reported2021.06.02
HUB International acquires Epstein Financial assets[13]HUB International收购Epstein Financial资产prnewswire.com
HUB International announced that it had acquired the assets of Epstein Financial Services LLC and Epstein Financial Group LLC. The transaction terms were not disclosed.