Announced
Financials
Tags
Canada
Acquisition
Pending
employee benefits
Private
Cross Border
Single Bidder
Majority
property insurance
Property and Casualty Insurance
Friendly
Synopsis
Hub International, a global insurance brokerage, agreed to acquire the property and casualty and employee benefits businesses from Mumby Insurance Brokers, an insurance provider. Financial terms were not disclosed. Douglas Pinnell, Vice President of Mumby Insurance, will join Hub International Ontario and report to Matt Lievers, President of Employee Benefits. Anthea Mumby, President of Mumby Insurance, will remain directly involved in the business as a consultant and will report to Gerry De Lauro, President of Personal Insurance.
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