Insurance brokers
HUB International
HUB International is an insurance brokerage headquartered at 150 N. Riverside Plaza in Chicago, operating across the United States and Canada. It places business and personal insurance and runs employee benefits, retirement and private wealth, risk management consulting and wholesale divisions alongside the retail brokerage.
Accounts sit with a local office that can pull on national specialty practices, so a client works with a nearby team while reaching the group's programs, carrier relationships and specialty underwriting. The wholesale arm gives independent brokers access to property and casualty, life and investment products. The firm also acquires brokerages continuously, keeping the acquired local service teams in place.
HUB was formed in 1998 when eleven Canadian brokerages merged, moved its corporate headquarters to Chicago in 2001, and has integrated brokerages every year since. It describes itself as the largest privately held insurance brokerage in the world, with more than 500 offices and over 20,000 professionals.
The pages crawled describe the brokerage in general terms rather than a named real estate practice, and no pricing is published; commission and fee arrangements are set account by account. Ask the local office which habitational and commercial property carriers it can access and who services the account after binding.
Best for
Owners who want national carrier reach with a local service team - multi-state portfolios, layered property programs, or accounts that also need benefits and retirement services. A single-asset owner may get closer attention from a local independent agency.
What they do
- Commercial property and casualty insurance
- Personal insurance
- Employee benefits consulting
- Retirement and private wealth services
- Risk management consulting
- Business owner's policy and professional liability
- Wholesale property and casualty placement
- Programs and association insurance
Details
| Attribute | Value |
|---|---|
| Founded | 1998 |
| Ownership | Private |
| Team size | 1,000+ employees |
What stands out
- Formed in 1998 by the merger of eleven Canadian brokerages; corporate headquarters moved to Chicago in 2001.
- Says it runs more than 500 offices and employs over 20,000 professionals.
- Describes itself as the largest privately held insurance brokerage in the world.