HUB ACQUIRES COMPLETE BROKERAGE SERVICES
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HUB INTERNATIONAL ACQUIRES COMPLETE BROKERAGE SERVICES
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International Limited (Hub) announced today that its
subsidiary Hub Financial Inc. (Hub Financial) has acquired the
shares of Complete Brokerage Services, Inc. (CBS), a Richmond,
British Columbia-based life insurance managing general agency (MGA)
firm. Terms of the acquisition were not disclosed. Tony
Bosch and Chris DiSalle, Principals of CBS, will join Hub
Financial, reporting to Terri DiFlorio, President, Hub
CBS is an MGA that specializes in
the development of independent life insurance and financial
planning strategies. They operate out of offices in Richmond,
and Vancouver, British Columbia.
"This is an exciting time for our
operation as Hub Financial and CBS create a powerful force that
will allow both organizations to continue to grow and provide
exceptional service and training to our brokers," said Terri
DiFlorio, President of Hub Financial. "CBS has developed and
executes The Masterworks Training Series and Compass Platform, both
tools that assist the independent broker with practice management
and sales strategies. They have a proven track record and we are
confident that our brokers will see value immediately from these
"We have successfully partnered with
Hub Financial since our inception in January of 2000," said
Tony Bosch, President, CBS and now Executive Vice President, Broker
Development for HUB Financial "We recognized their
unparalleled expertise in providing a robust MGA platform in the
insurance business and decided that outsourcing our back office
would allow us to focus 100% on recruiting and training in order to
grow our business organically. This single marketing driven
focus gave us the opportunity to develop and deliver our
Masterworks Training Series, as well as our Compass Platform from
which our growth has emanated."
Headquartered in Chicago, IL,
Hub International Limited is a leading global insurance brokerage
that provides a broad array of property and casualty, life and
health, employee benefits, investment and risk management products
and services through offices located in the United States, Canada,
Puerto Rico and Brazil.
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