8 January 2019 11:30
Photo : Freepik
Hub International has acquired the firm in employee benefits TRG Group Benefits and Pensions, of Vancouver. This transaction is in addition to the 13 firms acquired in 2018 in the area of social benefits. The terms were not disclosed.
The director of TRG, Rob Taylor, joins Hub as executive vice-president, employee benefits and becomes a member of the management team of Hub TOS, including Dave Terry is lePDG.
TRG provides clients with industry-leading solutions in the areas of employee benefits and retirement plans, supports Mike Barone, president of employee benefits at Hub International. It is essential to bring market-leading businesses with an entrepreneurial spirit and a new expertise to complement and strengthen our capabilities to offer different benefits to more than 130,000 customers and casualty insurance industry in Canada. “
Hub continues to pursue its strategy in social benefits
The addition of the firm is included in the strategy Hub to become a leader in the area of social benefits, which the company unveiled in may 2018. Since then, the international firm has added more than $ 50 million (M$) revenue commission and has opened seven new offices, revealed Hub. His goal is to reach$ 100 Million in commission revenue by 2021.
“Building the canadian capacity in the field of employee benefit plans and pension plans for canadian employees, has been and remains a central principle of our strategy,” says Tina Osen, president of Hub International Canada. We are committed to make investments exceeding the expectations of our customers in terms of social benefits, in order to help them to be more competitive to attract and retain talent through a comprehensive solution of social benefits. “