Canadian Underwriter

Hub International

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Hub privacy breach affects “limited” amount of Canadian data

August 11, 2023 by David Gambrill

Hub International Limited, a Chicago-based brokerage with offices in 10 Canadian provinces and territories, has reported a privacy breach of data related to “a limited number of Canadians.” Hub posted a “notice of a data privacy event” online on Friday,

News BrokersCommercial LinesInsuranceMergers and Aqcuisitions

What’s behind Hub’s latest acquisition

August 3, 2023 by Alyssa DiSabatino

Hub International has acquired British Columbia-based Golden Ears Insurance Services Ltd. The acquisition will position the global insurance brokerage to build out its specialty lines, a Hub executive told Canadian Underwriter in a statement. “Golden Ears fits well with Hub’s

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Why private equity firms are seeing premium increases

July 26, 2023 by Alyssa DiSabatino

Big buyers of P&C brokerages — i.e., private equity (PE) firms — may continue to see premium increases for their own liability and cyber policies, albeit flatter than before, Matthew Studley, executive vice president of complex risk for Hub International,

Toronto Ontario, Canada- June 26th, 2022: Shoppers Drug Mart employees marching with signs during Toronto’s annual Pride parade.
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How Pride Toronto got swept up in entertainment line’s hard market

June 13, 2023 by Alyssa DiSabatino

Pride Toronto’s executive director says the organization has seen a 300% increase in its insurance premiums ahead of this month’s parade and festival programming. This trend of higher premiums for public events is not unique to Pride Toronto; organizers of large

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Hub announces new practice leaders in Canada

March 16, 2023 by Alyssa DiSabatino

Hub International named two new senior executives to its Canadian operations this month.   Diane Stone has been appointed as education specialty practice leader in Canada.  The appointment reflects Hub’s strategic investments in insurance, benefits and retirement, risk management, and

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Hub’s new hospitality cross-border practice leader

April 21, 2022 by Alyssa DiSabatino

Karim Chandani is Hub International’s cross-border practice leader for its hospitality specialty.   Chandani previously held a role at Hub as vice-president of hospitality from 2019 to 2022. He has nearly 10 years’ experience in Hub’s hospitality and real estate

The small town of Okotoks was hit hard by the June floods of 2013, with the river valley rushing and raging through wiping out pedestrian bridges, campgrounds, river banks and pathways.
News Commercial LinesInsuranceRisk

How to help clients mitigate water damage risk

August 17, 2021 Canadian Underwriter Staff

With water damage claims due to infrastructure failures costing the industry much more per year than natural catastrophes, brokers need to be more proactive in helping clients understand coverages and risk mitigation strategies. Infrastructure and plumbing related water damage is

News Insurance

Brokerage M&A activity surges amid pandemic

September 3, 2020 by Jason Contant

Brokerage consolidation has exploded, with at least six acquisitions announced across Canada in the past week. Most recently, large brokerage Westland Insurance Group  announced Wednesday the closing of four deals, adding new retail offices in British Columbia, Alberta and Manitoba.

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Common mistakes your clients make when they re-open

August 5, 2020 by Adam Malik

A number of legal claims have been filed against employers because they’re not doing what they are supposed to be doing to keep their employees safe during re-opening, a Hub International compliance expert warned. Some of the more common issues

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Why these homeowners lost their negligence lawsuit against a Hub brokerage

January 24, 2020 by Greg Meckbach

British Columbia’s top court recently sided with a Hub International brokerage in a case in which a client sued the brokerage and the insurer for coverage that was denied because a building damaged by fire contained a legal medical marijuana

News BrokersMergers and Aqcuisitions

Another small-town Saskatchewan brokerage gets bought by large U.S. firm

June 4, 2019 by Greg Meckbach

Hub International Ltd. has bought its second Saskatchewan property and casualty insurance brokerage in less than a month. Chicago-based Hub said Tuesday it has acquired Kamsack-based Cottenie and Gardner Inc. Kamsack is a town of about 1,800, situated near the

News BrokersMergers and Aqcuisitions

Is there culture after an acquisition?

May 23, 2019 by Adam Malik

A question posed at a recent event asked how many of the approximately 30 people in the room had ever been part of an acquisition or merger. Almost every hand went up. It seems just about every broker has been