Hub buys Canadian broker
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Hub International Ltd. said Monday it has acquired Mitchell Sandham Inc. and its subsidiary, Mitchell Sandham Group Benefits Inc., collectively known as Mitchell Sandham.
Terms of the transaction were not disclosed.
Oakville, Ontario-based Mitchell Sandham provides a range of commercial insurance, including commercial auto and fleet, and technology and cyber liability, as well as personal insurance and employee benefits, a Hub statement said.
Mitchell Sandham also has offices in Ajax and Hamilton, Ontario, according to its website.
Mitchell Sandham CEO Aaron Nantais; Chief Operating Officer Ryan Mitchell; partners and Vice Presidents Michael Daou and Trevor Waldron; Chris McFarland, CEO of Mitchell Sandham Group Benefits & Retirement; and Mitchell Sandham employees will join Hub Ontario, the statement said.
Mitchell Sandham will be referred to as Mitchell Sandham Insurance Brokers, a Hub International company.
Susan Murphy, president of Hub Ontario, said in the statement that the deal continues Hub’s growth strategy in the region.
Chicago-based Hub International Ltd is the ninth largest broker of U.S. business in the most recent Business Insurance ranking.
