Hub International Establishes Building and Design Risk Division Targeting Architects and Engineers

Industry Experts David Grigg and Georges Pigault Join Leading Insurance Brokerage

NEW YORK — July 6, 2005 — Hub International Limited (NYSE:HBG)(TSX:HBG), one of North America’s largest insurance brokers, today announced the creation of a Building and Design Risk Division based at its New York subsidiary, Hub International Northeast Limited (HUB Northeast).

This group, which was created to expand HUB Northeast’s “construction and design” product offerings, will be led by David Grigg and Georges Pigault, two new hires of the firm. This dedicated practice group will be one of the few within Hub International to focus solely on architects and engineers. In addition, it will be an important resource for the firm’s large commercial real estate and construction client base.

Both Mr. Grigg and Mr. Pigault join HUB Northeast from Marsh USA, where Mr. Grigg was most recently Senior Vice President and the National Design Industry Practice Leader. Prior to his work at Marsh, Mr. Grigg was with DPIC Companies (now known as XLDP), an insurance company specializing in design professionals. He also held positions at Sear-Brown Group and Louis Berger International. Mr. Grigg is a graduate of the University of Western Australia and holds a Master of Science degree in Architecture and Urban Design from Columbia University. He also sits on the Board of Directors of the Civil Engineering Research Foundation (CERF).

Mr. Pigault was most recently Vice President and Architects & Engineers Practice Leader of Marsh’s New York office. He previously held senior positions with leading commercial insurers AIG, Zurich and CNA. He holds a Bachelor of Science degree in Mechanical and Aerospace Engineering from Princeton University and is a member of both the New York State AIA/ACEC Risk Management Committee and the New York State ACEC Insurance Committee.

“We are excited to be able to further expand our product offerings to architects and engineers,” said Marc I. Cohen, president and chief executive officer of HUB Northeast. “We believe the formation of the division will be of great value to many architectural and engineering firms in our region, as well as throughout the country. We are thrilled to welcome two individuals with such depth of experience and dedication to client service and superior risk management.”

Headquartered in Chicago, IL, Hub International Limited is a leading North American insurance brokerage that provides a broad array of property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States and Canada.

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