Hub Boosts Employee Benefits Services, Commercial and Personal Insurance Capabilities With New Acquisitions - Insurance-Canada.ca

Hub International Boosts Commercial and Personal Insurance Capabilities with the Acquisition of 2837932 Ontario Inc.from Bradley Beer Chicago, IL (July 17, 2024) – Hub International Limited, a leading global insurance brokerage and financial services firm, is pleased to announce the acquisition of 2837932 Ontario Inc.from Bradley Beer (Brad Beer).

Terms of the transaction were not disclosed.Located in London, Ontario, Canada, Brad Beer has more than two decades of experience in Commercial Insurance, having built professional relationships segmented for automotive dealerships, residential and commercial real estate, residential and commercial builders, and the manufacturing sector.His industry expertise in real estate, hospitality and construction supports Hub’s Specialty practices by complementing and strengthening its existing capabilities.

Additionally, Brad Beer has deep ties in the London community, having held board positions with London Health Sciences Foundation and recently chairing the Membership Committee at London Hunt & Country Club.Brad Beer continues to remain active with the Ontario Hockey League as an officiating manager.Brad Beer, Director of Commercial Insurance, and his team will join Hub Ontario.

“We are thrilled to bring Brad and his team to Hub which will further grow and strengthen our commercial presence in London,” said Susan Murphy, CEO of Hub Ontario.HUB International Strengthens Employee Benefits and Annuity Services with Acquisition of TAS Insurance Services, Inc.in California Hub International is pleased to announce that it has acquired the assets of TAS Insurance Services, Inc.

(TAS Insurance Services).Terms of the transaction were not disclosed.Located in Costa Mesa, California, TAS Insurance Services provides clients with group/employer-based health benefits and annuities.

Tim Skaggs, Owner and the TAS Insurance Services team will join Hub Southern California.TAS Insurance Services will be referred to as TAS Insurance Services, Inc., a Hub International company.Hub International Expands Employee Benefits Services with Acquisition of McClements Insurance Services, LLC in California Hub International is pleased to announce that it has acquired the assets of McClements Insurance Services, LLC.

Terms of the transaction were not disclosed.With clients throughout Southern, Central and Northern California, McClements Insurance Services, LLC is a commercial insurance agency that specializes in helping large employers arrive at creative solutions for their employee benefits and HR compliance challenges.Ed McClements, Jr., Owner and President and the McClements Insurance Services, LLC team will join Hub Central and North California.

“We are excited to have the McClements team’s expertise on our team,” said Darren Caesar, President and CEO of Hub Central & Northern California.“Adding them to our team further enhances the services we offer to clients regarding their complex employee benefit matters.” McClements Insurance Services, LLC will be referred to as McClements Insurance Services, LLC, a Hub International company.MarshBerry served as financial advisor to McClements Insurance Services, LLC for the transaction.

About Hub’s M&A Activities Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise.For more information on the Hub M&A experience.For more information on the Hub M&A experience, visit WeAreHub.com.

About Hub International Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services.With more than 17,000 employees in offices located throughout North America, Hub’s vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy, so clients are ready for tomorrow.For more information, please visit hubinternational.com.

Tags: Acquisition, Hub International

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