{"id":15167,"date":"2019-06-11T15:57:05","date_gmt":"2019-06-11T19:57:05","guid":{"rendered":"https:\/\/www.insurance-canada.ca\/?p=58180"},"modified":"2019-06-11T15:57:05","modified_gmt":"2019-06-11T19:57:05","slug":"hub-international-acquires-porchlight-financial","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2019\/06\/11\/hub-international-acquires-porchlight-financial\/","title":{"rendered":"Hub International Acquires Porchlight Financial"},"content":{"rendered":"<br \/>\n<h3>British Columbia-based full-service group retirement plan consulting firm Hub\u2019s latest acquisition<\/h3>\n<p>Chicago, IL (June 11, 2019) \u2013 Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired Porchlight Financial. Terms of the transaction were not disclosed.<\/p>\n<p>Located in Vancouver, British Columbia, Porchlight Financial is a full-service group retirement plan consulting firm with 25 years of experience in helping employers and employees achieve better pension outcomes. Porchlight Financial specializes in group retirement plan member advisory services, financial wellness programs, retirement lifestyle and income planning.<\/p>\n<p>\u201cWith the addition of Porchlight Financial, Hub continues to create a robust Canadian benefits and pension solution for our clients,\u201d said Dave Terry, President and CEO of Hub International Canada West ULC. \u201cTheir expertise will deepen Hub\u2019s services to help clients create a more comprehensive benefits package in order to attract the talent they need and want.\u201d<\/p>\n<p>The move further reinforces Hub\u2019s ongoing Canadian employee benefits growth and services strategy<sup class=\"supscript\">[<a href=\"https:\/\/www.insurance-canada.ca\/2019\/02\/12\/hub-acquires-firstbrook-pointon-benefits\/#notes\">1<\/a>]<\/sup> to assemble best-in-class capabilities and entrepreneurial talent across Canada to develop a comprehensive employee benefits and pension solution.<\/p>\n<p>\u201cHub is a first-class insurance brokerage firm, with a talented team of individuals equally committed to finding ways to continually improve the client experience in the employee benefits and retirement space,\u201d said Chris Forman, Managing Director of Porchlight Financial, who will join Hub. \u201cWe look forward to collaborating with Hub to provide a full suite of benefit and retirement offerings to more than 130,000 Property &amp; Casualty customers of Hub across Canada.\u201d<\/p>\n<h4>Notes<\/h4>\n<p>1. <a title=\"Hub International Launches Industry Specialty Practices\" href=\"https:\/\/www.insurance-canada.ca\/2019\/01\/08\/hub-acquisition-trg-group-benefits\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Hub International Reinforces Best-in-class Canadian Employee Benefits and Pension Platform Strategy With New Acquisition<\/a> (Jan. 8, 2019).<\/p>\n<p class=\"smallhead\"><b>About Hub\u2019s M&amp;A Activities<\/b><\/p>\n<p>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&amp;A experience, visit <a href=\"https:\/\/wearehub.com\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">WeAreHub.com<\/a>.<\/p>\n<p class=\"smallhead\"><b>About Hub International<\/b><\/p>\n<p>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 11,000 employees in offices located throughout North America, Hub\u2019s 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 <a href=\"https:\/\/www.hubinternational.com\/about-us\/\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">hubinternational.com<\/a>.<\/p>\n<p class=\"referencetext\"><i>Source: Hub International Limited<\/i><\/p>\n<p> Tags: <a href=\"https:\/\/www.insurance-canada.ca\/tag\/acquisition\/\" rel=\"tag\">Acquisition<\/a>, <a href=\"https:\/\/www.insurance-canada.ca\/tag\/hub\/\" rel=\"tag\">Hub International<\/a> <a href=\"https:\/\/www.insurance-canada.ca\/2019\/06\/11\/hub-acquires-porchlight-financial\/\">Read the original article at Insurance-Canada.ca <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>British Columbia-based full-service group retirement plan consulting firm Hub\u2019s latest acquisition Chicago, IL (June 11, 2019) \u2013 Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired Porchlight Financial.&#46;&#46;&#46;<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/15167"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=15167"}],"version-history":[{"count":0,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/15167\/revisions"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=15167"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=15167"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=15167"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}