Canadian Underwriter

Hub acquires Seattle-based specialty brokerage

May 16, 2005   by Canadian Underwriter

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Broker network consolidator Hub International Ltd. (TSX: HBG) has purchased Seattle-based Tash Lyle & Jones for an undisclosed sum. Tash Lyle specializes in employee benefits insurance.
Hub says Tash Lyle will be integrated into the broker network’s Bush, Cotton & Scott regional subsidiary. Tash Lyle produced about US$1.3 million in commission revenue during 2004, a Hub statement says. "We believe Tash Lyle & Jones offers a number of opportunities for cross-selling and collaboration with Bush Cotton & Scott," notes Martin Hughes, CEO of Hub.

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