Acquisition establishes large foothold for Hub in Southwestern Ontario and doubles Hub Ontario’s physical operations
Chicago, IL (June 4, 2015) – Hub International Limited (Hub), a leading global insurance brokerage, has announced that it has acquired the shares of Gamble & Associates Insurance Limited (Gamble). Terms of the acquisition were not disclosed.
Gamble will become part of the operations of Hub International Ontario (Hub Ontario). With this latest acquisition, Hub Ontario establishes a large footprint in Southwestern Ontario, doubles its offices in Ontario to 18 locations and increases its headcount to more than 650 employees throughout the province.
Gamble is a full-service commercial and personal lines brokerage that compliments Hub Ontario’s expertise in these lines. By partnering with Hub Ontario, the Gamble team will gain access to national resources such as risk services, carrier relations and priority underwriting, as well as best-in-class operational and claims processing efficiencies.
Established in 1948, Gamble has a long history in Southwestern Ontario. The firm has nine locations with key operations in Sarnia-Lambton, Chatham-Kent and London.
Barry Hogan, President of Gamble, will join Hub Ontario as President of the new Hub Gamble division and will become part of the Hub Ontario Executive Team reporting to Robert Keilty, President and CEO of Hub Ontario.
“Southwestern Ontario is an important community to the economic development of Ontario and Hub is excited to be making the Sarnia-Lambton area a new home for our organization.” Keilty said. “Barry and his team have undergone significant growth both organically and through acquisitions and we look forward to helping them continue on that successful journey.”
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.
For more information, visit www.hubinternational.com.
SOURCE: Hub International Limited