Hub International Ltd., the Chicago-based insurance broker, announced that it has acquired Stalco Insurance Ltd., a Canadian insurance broker.
Terms of the transaction were not disclosed.
With locations in Wainwright, Provost and Kitscoty, Alberta, Canada, Stalco Insurance is a family-owned insurance broker 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 International
More than 12,000 employees in offices located throughout North America, Hub International Ltd. is a full-service global insurance broker providing risk management, insurance, employee benefits, retirement and wealth management products and services.
Source: Hub International
Topics Mergers & Acquisitions Agencies Canada
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