HUB International Acquires Certain Assets of California-Based Newsura Insurance Services, Inc.

Issued by: HUB International

Date: Nov. 5, 2019

CHICAGO, Nov. 5, 2019 -- HUB International Limited (HUB), a leading global insurance brokerage, announced today that it has acquired the medical professional liability and associated property and casualty lines of insurance brokerage business of Newsura Insurance Services, Inc. (Newsura). Terms of the transaction were not disclosed.

Located in Roseville, California, Newsura provides insurance and risk management services to the healthcare industry, specializing in medical professional liability insurance for medical groups. Its focus on the healthcare industry supports HUB's Specialty Practices by complementing and strengthening HUB's existing capabilities. Newsura Vice President-Healthcare Industry, David Hulsebus, will join HUB California as part of the transaction.

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.

BL:hh

This is a press release issued by the company named above. BenefitsLink is not the author. Use of any information obtained from this release is voluntary, and reliance on it should only be undertaken after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.