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Two companies signing an agreement to merge
News BrokersInsurance

Two firms complete Ontario acquisitions

March 8, 2024 Philip Porado

BrokerLink announced its acquisition of Owen Sound, Ont.-based Hanbidge & Bowman Ltd. Insurance Professionals. The deal was effective Mar. 1, the company said said in a Mar. 5 press release. Hanbidge and Bowman Insurance was established in 1947 and provides

Business acquisition sealed with a handshake
News BrokersCommercial LinesEmploymentInsuranceMarkets / CoveragesMergers and AqcuisitionsProfessional Development

Hub’s latest Ontario brokerage acquisition

February 12, 2024 by Jason Contant

Hub International Ltd. has enhanced its personal, commercial and employee benefits services with the acquisition of Ontario brokerage Mitchell Sandham. Located in Oakville, Ont., Mitchell Sandham is one of the oldest and largest independently owned insurance brokerages in the Greater

Teamwork concept
News BrokersCommercial LinesInsuranceMarkets / CoveragesMergers and Aqcuisitions

Westland, Hub’s latest P&C acquisitions

September 8, 2023 by Jason Contant

Westland Insurance Group and Hub International Ltd. have added to their property and casualty insurance offerings through recent M&A activity.  Westland Insurance acquired Saskatchewan personal and commercial lines brokerage Insurance Matters Inc., while Hub International acquired Ontario-based cannabis insurance brokerage

Hailstones the size of golf balls on the ground after a severe storm
News BrokersInsuranceMergers and Aqcuisitions

Hub acquires two western Canadian hail insurance providers

March 13, 2023 by Jason Contant

Hub International Limited has acquired two western Canadian crop hail insurance companies within a two-week period. Hub announced on Mar. 4 it had acquired Leduc, Alta.-based AG Direct Hail Insurance Ltd. It acquired Regina-based Canadian Hail Agencies Inc. on Feb

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News BrokersClaimsInsuranceProductsTechnology

What cyber insurers can learn from property insurance policies

October 3, 2022 by Alyssa DiSabatino

An increase in frequency and severity of cyber insurance claims may be on the horizon, but insurers may be able to stick-handle this risk by taking inspiration from property insurance programs, said one cyber expert during a Canadian Underwriter webinar.

Business people negotiating a contract
News Insurance

Hub acquisition targets credit insurance, risk management

August 12, 2022 by Jason Contant

Hub International has strengthened its credit insurance and risk management capabilities by acquiring Ottawa-based Jaimac Risk Management Inc. Chicago-based global brokerage Hub announced the acquisition Friday. Jaimac is an independent insurance brokerage specializing in risk management and credit insurance for

Barbara MacPhail
News Insurance

Hub adds to Canadian executive management team

March 10, 2022 by Jason Contant

Hub International has announced several promotions within Hub Canada’s senior management team. Barbara MacPhail (pictured above) has been promoted to executive vice president of strategic initiatives Canada, Terri Botosan (pictured top right) is now in the newly-created position of regional

News Insurance

The latest acquisitions from Westland and Hub

October 7, 2021 by Jason Contant

Large brokerages Westland Insurance Group Ltd. and Hub International Limited have both announced recent mergers and acquisitions activity. On Tuesday, Surrey, B.C.-headquartered Westland said it had acquired personal and commercial lines brokerage Insurance Unlimited in Mississauga, Ont. The following day,

home insurance and mortgage
News Insurance

Hub to acquire Aviva Canada subsidiary

August 24, 2021 by Jason Contant

Hub International Limited announced Tuesday it has signed a purchase agreement to acquire the Aviva Canada subsidiary that provides new home warranty in British Columbia and Alberta. The terms of the acquisition of National Home Warranty Group Inc. were not

handshakes
News Insurance

Surge in serious buyers to fuel post-pandemic M&A: Hub Canada exec

August 11, 2021 Canadian Underwriter Staff

A Hub Canada executive says M&A is likely to heat up as serious buyers take renewed interest in P&C brokerages. In an interview with Canadian Underwriter, Greg Belton, executive chairman of Hub International Canada, said there is “no lack of

News Insurance

Hub makes back-to-back acquisitions of Canadian brokerages

June 4, 2021 by Jason Contant

Hub International has made its second brokerage acquisition in two days with the purchase of a family-owned firm in Nova Scotia. Hub announced on Friday that it had acquired Sackville, N.S.-based Salvatore Insurance Brokers Ltd., which provides commercial insurance to

News Insurance

Hub acquires Canadian credit risk brokerage

June 3, 2021 by Jason Contant

Hub International Limited has announced the acquisition of Global Credit Risk Management Inc. (GCRM), a Canada-wide independent broker of accounts receivable and political risk insurance. With a national presence and offices located in Ontario and Alberta, GCRM provides accounts receivable