Hub International Ltd., the Chicago-based insurance broker, announced it has acquired John Galon Insurance Services Ltd. and Galon Management Ltd., collectively known as Galon Insurance Brokers.
Terms of the transaction were not disclosed.
Located in the cities of Regina and Saskatoon in Saskatchewan, Canada, Galon Insurance Brokers is a three-generation full-service insurance brokerage that provides personal, commercial and agribusiness insurance, as well as government auto and various other professional services.
“The Galon Insurance team further enhances our capabilities in the region,” said Keith Jordan, president & CEO of Hub International Manitoba Ltd. (Hub Prairies). “The combination of their industry expertise and strong relationships with clients is a critical component as we continue to be a one-stop shop for our clients.”
Brian Galon, president of Galon’s Regina operations, and Phil Galon, president of Galon’s Saskatoon operations, are joining the HUB Prairies team along with the Galon families’ third generation of leadership: Jason Galon in Regina, and Daniel Galon, Jeff Galon and Jennifer Galon in Saskatoon.
“We’re excited to join Hub,” commented Brian Galon. “Through our partnership, clients will get full-service, expert advice on all aspects of insurance and delivered in a more thoughtful and integrated way.”
Phil Galon added, “It’s an exciting new chapter for the company, which will help fuel our growth and provide additional resources and services for the benefit our clients and employees.”
Source: Hub International Ltd.
Topics Mergers & Acquisitions Canada
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