Hub International announced Sept. 10 that it has acquired Toronto-based Clearwater Insurance Group Inc.
Clearwater Insurance provides insurance solutions to clients “through customized programs and proactive health services,” said Hub in an announcement.
Alexander Eaton, President of Clearwater Insurance, will join Hub Ontario reporting to Curtis McCone, President, Wealth Management and Employee Benefits, Hub Ontario.
Hub says the acquisition “further demonstrates Hub’s ongoing Canadian employee benefits growth and services strategy to assemble best-in-class capabilities and entrepreneurial talent across Canada to develop a complete employee benefits solution.”
Terms of the transaction were not disclosed.