Hilb Rogal & Hobbs Acquires G.A. Pearson and Associates Insurance Brokers, Inc.
02 Setembro 2008 - 5:02PM
Business Wire
Hilb Rogal & Hobbs Company (NYSE:HRH), one of the world's
largest insurance and risk management intermediaries, announced
that, effective as of September 1, 2008, it has acquired all the
stock of G.A. Pearson and Associates Insurance Brokers, Inc.
(Pearson). Terms of the transaction were not disclosed. With
approximately $3.8 million in revenue in 2007, Pearson was founded
27 years ago by Glenn A. Pearson. The company is based in San Diego
and specializes in commercial, construction and complex property
insurance. Pearson�s employees will merge into HRH�s existing San
Diego location, under the local leadership of Thomas A. James, and
joining HRH�s West Region under the leadership of Vice President
and West Regional Director, William F. Creedon. Mr. Creedon
commented, �Pearson has built an amazing reputation for their
client focus and commitment to service, which are two cultural
characteristics HRH takes great pride in as a company. In addition
to their premier client base, we feel that Pearson�s expertise will
blend very nicely into our existing talent in HRH�s San Diego
location. We feel privileged and honored to add the Pearson
associates to our company.� About Hilb Rogal & Hobbs Hilb Rogal
& Hobbs Company (HRH) is the eighth largest insurance and risk
management intermediary in the United States, with over 140 offices
throughout the United States and the world. HRH helps clients
manage their risks in property and casualty, employee benefits,
professional liability and other areas of specialized exposure. In
addition, HRH offers a full range of personal and corporate
financial products and services. HRH is focused on understanding
our clients� businesses, employees and risks, as well as the
insurance and financial markets, so that we can develop insurance,
risk management and employee benefits solutions that best fit their
needs. The company�s common stock is traded on the New York Stock
Exchange, symbol HRH. More information about HRH may be found at
www.hrh.com. Important Merger-Related Information On June 8, 2008,
HRH announced that it had agreed to be acquired by Willis Group
Holdings Limited (�Willis�). The proposed merger between Willis and
HRH will be submitted to the HRH shareholders for their
consideration. Willis has filed with the Securities and Exchange
Commission (SEC) a Registration Statement on Form S-4 that includes
a definitive proxy statement of HRH that also constitutes a
prospectus of Willis. HRH shareholders and other investors are
urged to read the Registration Statement and the definitive proxy
statement/prospectus regarding the proposed transaction, as well as
any other relevant documents concerning the proposed transaction
and the companies that HRH or Willis files with the SEC (and any
amendments or supplements to those documents), because these will
contain important information. Investors will be able to obtain a
free copy of the definitive proxy statement/prospectus, as well as
other filings containing information about Willis and HRH, without
charge, at the SEC�s website (www.sec.gov). You may also obtain
these documents, free of charge, from Willis�s website
(www.willis.com) under the tab �Investor Relations� and then under
the heading �Financial Reporting� and then under the item �SEC
Filings Forms.� Willis, HRH and their respective directors,
executive officers and other employees may be deemed to be
participants in the solicitation of proxies from HRH shareholders
in connection with the proposed transaction. Information about
Willis�s directors and executive officers is available in Willis�s
proxy statement, dated March 17, 2008. Information about HRH�s
directors and executive officers is available in HRH�s proxy
statement, dated March 31, 2008. Additional information about the
interests of potential participants is included in the definitive
prospectus/proxy statement. This document shall not constitute an
offer to sell or the solicitation of an offer to buy any
securities, nor shall there be any sale of securities in any
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. No offering of securities
shall be made except by means of a prospectus, meeting the
requirements of Section 10 of the U.S. Securities Act of 1933, as
amended. Forward-Looking Statements Forward-looking statements made
in filings by the company with the SEC, in the company�s press
releases or other public or shareholder communications, or in oral
statements made with the approval of an authorized company
executive officer, may include the words or phrases �would be,�
�will allow,� �expects to,� �will continue,� �is anticipated,�
�estimate,� �project� or similar expressions and are intended to
identify �forward-looking statements� within the meaning of the
Private Securities Litigation Reform Act of 1995.
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