May 16, 2005 by Canadian Underwriter
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.