Hub International acquires Forest Financial Group

LAKE FOREST - Forest Financial Group, Inc. has been acquired by global insurance brokerage Hub International Limited for an undisclosed sum, the company announced.

Founded in 1998 by Nicholas T. Gialamas, FFG specializes in providing a service-oriented approach to employee benefits consulting. Gialamas will join Hub Midwest-West as area president, where he will continue to manage and grow the business acquired from FFG, and report to Neil Hughes, president and CEO, Hub Midwest-West.

"This acquisition represents the culmination of a lot of hard work by a team of professionals who worked diligently every day in growing FFG to be one of the most respected brokerage firms around," said Gialamas. "The long tenure of our client base is a strong testimonial that we've been doing things right and not only will our brand of customer service continue, with the support of Hub's expansive resources and product offerings, we are able to offer our loyal clients additional high quality services."

Headquartered in Chicago, Hub International Limited is a global insurance brokerage that provides property and casualty, life and health, employee benefits,

"We have added tremendous talent to the Midwest operations the last couple years, and Nick and his associates will be another great addition to our team" said Hughes. "They have a proven track record of success and a fabulous reputation in the brokerage community. They will certainly help Hub in our goal to be the best integrated brokerage firm in the Midwest."