Hub Purchases Ontario Brokerage

Chicago-based brokerage Hub International Ltd. announced the Jan. 1, 2004, asset acquisition of a group of commercial insurance accounts controlled by Martin Kir, an Ontario insurance broker and producer. The diversified book of accounts, which was purchased by the Hub’s Ontario group for an undisclosed amount of cash, develops annual revenue of about $270,000.

Kir will join Hub’s Leamington, Ontario, office as a senior account executive, reporting to Frank Moauro, Hub’s Southwestern Ontario regional vice president.