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Hub announces second acquisition in Canada this week

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May 8, 2019 09:30

Hub International has acquired the assets of a firm in the benefits to fuel to reach 100 million dollars (M$) in income and commissions in the sector. It is the firm in alberta, with Clarity Benefits Group.

Located in Calgary, Alberta, Clarity Benefits Group is an independent firm offering health benefits, life insurance and pension plans to small and large canadian companies.

“Clarity has extensive experience in the employee benefit programs for clients of all sizes and will add depth to our solutions canadian benefits already strong,” points out David Moon, president of Hub International Barton Insurance Brokers, a division of a subsidiary of the Western canadian Hub.

“We continue the strategic development of a leading practice, and to complement the range of social benefits and pensions for our clients,” he added.

Kevin Rome, president of Clarity Benefits Group, will join Hub Barton and will report to Mr. Moon.

Feed into the strategy

In 2018, the Hub has announced its strategy to become ” a leading player on the market benefits.” Specifically, the firm wants to reach a volume of$ 100 Million in income and commissions in the benefits by 2021.

In a recent update, the Hub has been found to have exceeded half its goal, or more than$ 50 Million. This acquisition brings the total number to 15 firms added to the fold, only benefits.

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