December 20, 2010 by Canadian Underwriter
Hub International Limited (Hub) has acquired the assets of Leeds Insurance Brokers Inc. (Leeds), a Toronto, Ontario-based insurance brokerage firm. Terms of the acquisition were not disclosed.
The Leeds operations will become part of HKMB Hub International Limited (HKMB Hub). Leeds is a full-service insurance brokerage with niche expertise in several industries, including hospitality and entertainment.
The Leeds management team of Ron Fritz, president, and Peter Bekelis, vice president, will join HKMB Hub, reporting to HKMB president and CEO Neil Morrison.
“We are excited to welcome Ron, Peter and the rest of the Leeds’ team to Hub,” said Neil Morrison. “Their well-established business and strong client relationships will broaden Hub’s scope and offerings in the hospitality and entertainment segments, as we mutually pursue opportunities for organic growth and increased market share.”
Other key industries and products available through Leeds include commercial, residential, condominiums, industrial, golf, sport, technology, valuables, vehicles, watercraft, aircraft, bonds and surety and health.
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