Hub International announced April 3 that it has acquired the shares of The Benefits Company, Inc. (TBC).
TBC, headquartered in Windsor, Ontario, is a firm that assists clients with their benefits and retirement programs. Terms of the acquisition were not disclosed.
TBC will join Hub Ontario, and Rob Tamblyn, President of TBC, will report to Greg Belton, Executive Chairman of Hub Ontario.
Strengthens retirement and benefits operations
"The addition of TBC will greatly strengthen our retirement and benefits operations in Ontario," said Belton. "This partnership will benefit all of Hub Ontario's clients and ensure client satisfaction is measured by both companies' high level of service, continuous development of innovative concepts, and the relentless pursuit for the best solutions."
"Joining Hub allows TBC to leverage the resources of one of North America's largest insurance brokers and enhance our dedication to exceptional, consistent client services," said Tamblyn. "By granting us access to Hub's robust suite of benefit solutions, we'll offer clients even more opportunities through additional products combined with our superior customer service and effective planning."