Hub International Acquires Canadian Broker Gibson Insurance

July 9, 2014

Hub International Limited announced that it has acquired the shares of Gibson’s Insurance Agency Ltd., a Manitoba Canada-based insurance brokerage. Terms of the acquisition were not disclosed.

The announcement said “Gibson’s will become part of the Hub International Horizon operations. The acquisition broadens Hub’s local market reach and specializations throughout the province of Manitoba.

“Gibson’s has two locations in Treherne and Notre Dame de Lourdes, each of which will remain in operation. With the addition of these two offices, Hub will operate 22 locations throughout Manitoba. Gibson’s is a general brokerage servicing government automotive insurance needs as well as maintaining a large agriculture/farming customer base.

Keith Jordan, President and CEO of Hub International Horizon, commented: “Because Gibson’s agricultural clients are similar to Hub’s Manitoba client profile, they are in a great position to take advantage of Hub’s unique innovative insurance products developed for crop production, employee benefits, and life and estate planning.”

Source: Hub International

Topics Mergers & Acquisitions Agencies Agribusiness Canada

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