Press Releases
HUB INTERNATIONAL ACQUIRES COMPLETE BROKERAGE SERVICES
Chicago Mar 4, 2013 -
Hub International Limited (Hub) announced today that its subsidiary Hub Financial Inc. (Hub Financial) has acquired the shares of Complete Brokerage Services, Inc. (CBS), a Richmond, British Columbia-based life insurance managing general agency (MGA) firm. Terms of the acquisition were not disclosed. Tony Bosch and Chris DiSalle, Principals of CBS, will join Hub Financial, reporting to Terri DiFlorio, President, Hub Financial.
CBS is an MGA that specializes in the development of independent life insurance and financial planning strategies. They operate out of offices in Richmond, and Vancouver, British Columbia.
“This is an exciting time for our operation as Hub Financial and CBS create a powerful force that will allow both organizations to continue to grow and provide exceptional service and training to our brokers,” said Terri DiFlorio, President of Hub Financial. “CBS has developed and executes The Masterworks Training Series and Compass Platform, both tools that assist the independent broker with practice management and sales strategies. They have a proven track record and we are confident that our brokers will see value immediately from these offerings.”
“We have successfully partnered with Hub Financial since our inception in January of 2000,” said Tony Bosch, President, CBS and now Executive Vice President, Broker Development for HUB Financial “We recognized their unparalleled expertise in providing a robust MGA platform in the insurance business and decided that outsourcing our back office would allow us to focus 100% on recruiting and training in order to grow our business organically. This single marketing driven focus gave us the opportunity to develop and deliver our Masterworks Training Series, as well as our Compass Platform from which our growth has emanated.”
Headquartered in Chicago, IL, Hub International Limited is a leading global insurance brokerage that provides a broad array of property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States, Canada, Puerto Rico and Brazil.
MEDIA CONTACTS:
Cara Siegel
Hub International Limited
Director, Corporate Brand Management and Media Relations
Phone: 516.677.4992
Cara.Siegel@hubinternational.com
Clark Wormer
Hub International Limited
Director, Mergers & Acquisitions
Phone: 312.279.4848
Clark.Wormer@hubinternational.com