Hub International snaps up Prince Albert Insurance
Acquired firm provides specialty personal and commercial insurance
Hub International snaps up Prince Albert Insurance
INSURANCE NEWS
By Lyle Adriano
08 Dec 2020

Hub International acquires yet another Canadian insurance brokerage; this time, the company has swooped in for the Saskatchewan-based Prince Albert Insurance Limited.

Terms of the transaction were not disclosed.

Located in Prince Albert, AB, Prince Albert Insurance Limited is a full-service, independent insurance brokerage that offers personal, commercial, farm and specialty products insurance. The transaction is in line with Hub’s ongoing strategy to grow organically, as well as strengthen its industry and product expertise via acquisitions.

As part of the transaction, Prince Albert Insurance Limited vice president and director Ron Wesolowski will join HUB International Manitoba Limited. Wesolowski will also report to HUB International Manitoba Limited president and CEO Keith Jordan.

Read more: Hub International acquires insurance and risk management firm

Last week, Hub made another acquisition – buying the insurance and risk management firm Seymour Alper in Mount Royal, QC. Seymour Alper provides solutions and expertise in various industries, and the firm specializes in apparel/textiles, retail, real estate, and manufacturing.

Related Stories
Free newsletter

We'll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Free newsletter

Our daily newsletter is FREE and keeps you up - to - date with the world of Insurance. Please complete the form below and click on subscribe for daily newsletters from IB CA.