Hub International purchases assets of Quebec-based surety broker

Acquisition boosts insurer’s commercial bonds business

Hub International purchases assets of Quebec-based surety broker

Insurance News

By Lyle Adriano

Hub International Limited affiliate Hub Quebec has acquired assets from surety broker Patrice Varin.

According to a release, the assets were acquired through a corporation held by Varin. Terms of the acquisition were not disclosed.

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Varin brings with him a commercial line book of business focused on providing bonds and other surety-related products.

Patrice Varin is a courtier/broker associated with MP2B, having served for 14 years and counting. He has also been a board member for Plan de garantie GHMB for two years and is a member of the Surety Association of Canada.


Related stories:
HUB Financial President explains latest Canadian acquisition
Hub International unit buys commercial line assets
 

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