Acquisition broadens local market reach for Hub
Toronto, ON (July 9, 2014) – Hub International Limited, a leading global insurance brokerage, has announced that it has acquired the shares of Gibson’s Insurance Agency Ltd., a Manitoba-based insurance brokerage. Terms of the acquisition were not disclosed. Gibson’s will become part of the Hub International Horizon operations. The acquisition broadens Hub’s local market reach and specializations throughout the province of Manitoba.
Gibson’s has two locations in Treherne and Notre Dame de Lourdes, each of which will remain in operation. With the addition of these two offices, Hub will operate 22 locations throughout Manitoba. Gibson’s is a general brokerage servicing government automotive insurance needs as well as maintaining a large agriculture/farming customer base.
“Because Gibson’s agricultural clients are similar to Hub’s Manitoba client profile, they are in a great position to take advantage of Hub’s unique innovative insurance products developed for crop production, employee benefits, and life and estate planning,” stated Keith Jordan, President and CEO of Hub International Horizon.
Hub is dedicated to building a network of local market insurance and risk management experts.
About Hub International
Headquartered in Chicago, IL, Hub International Limited is a leading global insurance brokerage that provides property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States, Canada and Latin America.
SOURCE: Hub International Ltd.