September 13, 2017 by Canadian Underwriter
Terms of the acquisition were not disclosed.
Based in Delisle, Sask., the brokerage specializes in personal lines and government automotive insurance solutions, Hub noted in a press release issued Wednesday. Rob Ouellette, president of Delisle Agencies will join Hub Manitoba and report to Doug Trapp, who is the vice president of HUB Manitoba.
Delisle Agencies is a family-owned business established in 1980. Its website notes that it offers insurance covering auto, personal, commercial, agriculture, First Nations, life, travel, medical and group, as well as other services.
On Friday, Hub announced the acquisition of Integro Canada, the terms of which were also not disclosed. With offices in British Columbia, Ontario and Quebec, Integro Canada is a commercial property & casualty brokerage specializing in complex risks, including construction, transportation, professional services, manufacturing, real estate, entertainment, mining and financial services.
Integro said in a statement on Friday that key leadership and staff from Integro Canada will be joining the Hub team, including Mark Rankin, president, based in Toronto; Robert Dunn, chairman, based in Montreal; and Michael Baddeley, managing principal, based in Vancouver.
In the past year, Hub has acquired a number of Canadian brokerages. In August, Hub Quebec reported that it had purchased “certain assets” from Patrice Varin through a corporation held by him. Varin will join Hub Quebec, bringing with him a commercial line book of business focused on offering bonds and surety-related products.
In January of this year, Hub acquired-based Mainline Insurance Brokers Inc., Indian Head Agencies (1980) Ltd., R&J McKay Agencies Ltd. and Cathedral Insurance Services (1995) Ltd. (together as Mainline). Based in southeastern Saskatchewan, Mainline has 16 offices throughout the province and is a property and casualty and personal lines insurance solutions provider.
On Sept. 8, 2016, Hub acquired two brokerages in one day: Barrie, Ont.-based Sarjeant Insurance Brokers Limited and Edmonton-based managing general agency New Dimensions Underwriters Ltd. Sarjeant specializes in providing P&C solutions, including auto, residential, recreational vehicle and watercraft insurance, as well as private client services for valuable and collections, fine arts, wine collections and personal excess liability. The company also offers risk management services, building valuations, risk audits and contractual reviews.
Headquartered in Chicago, Ill., Hub International Limited is a global insurance brokerage that provides P&C, life and health, employee benefits, investment and risk management products and services from offices located throughout North America.