What Are Some Benefits of Hub Insurance?


Quick Answer

Benefits of Hub International insurance for homeowners include compensation in case of property damage and protection from lawsuits, says Hub International. Hub International provides a wide variety of insurance services, including jewelry insurance, renters insurance, auto insurance and travel Insurance.

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Full Answer

Besides providing standard insurance policies, Hub International also deals in specialty insurance, such as personal excess liability insurance and aircraft insurance, informs Hub International. A Canadian insurance firm, Hub International was founded in 1998 when 11 privately owned insurance brokerages merged. The company went public in 1999, when it started trading through the Toronto Stock Exchange. That same year, the company acquired 42 new brokerages and expanded its business to the United States.

The company maintains over 330 offices, says Hub International. In 2015, this insurance company was included in a list of the 10 largest insurance brokers. In 2001, Hub International moved its corporate headquarters to Chicago, Illinois. The company started trading on the New York Stock Exchange in 2002, using the stock symbol HBG. In 2006, Hub International achieved a milestone as its market capitalization reached $1 billion. In 2012, Hub International opened an office in San Juan, Puerto Rico, and began operations in the Caribbean. Over its corporate life, the company has continuously pursued growth through strategic mergers.

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