Hub International Acquires Stalco Insurance Ltd.
Alberta-based commercial & personal insurance firm Hub’s latest acquisition
Chicago, IL (Nov. 4, 2020) – Hub International Limited (Hub), a leading global insurance brokerage, is pleased to announce that it has acquired Stalco Insurance Ltd. (Stalco Insurance). Terms of the transaction were not disclosed.
With locations in Wainwright, Provost and Kitscoty, Alberta, Canada, Stalco Insurance is a family-owned insurance firm providing commercial and personal insurance. Stalco Insurance focuses on various industries, including agribusiness, which supports Hub’s Specialty practices by complementing and strengthening its existing capabilities.
Adam Doyle, COO of Stalco Insurance, will join Hub International Canada West (Hub Canada West) and report to Sarah Cameron, Vice President of Operations for the region.
About Hub’s M&A Activities
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the Hub M&A experience, visit WeAreHub.com.
About Hub International
Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services. With more than 12,000 employees in offices located throughout North America, Hub’s vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions. For more information, please visit hubinternational.com.
Source: Hub International Limited
Tags: Acquisition, Hub International
Read the original article at Insurance-Canada.ca