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Hub International Limited (Hub) has acquired the shares of Ontario-based The Benefits Company, Inc. (TBC). Terms of the deal were not disclosed.
TBC is headquartered in Windsor and specializes in benefit and retirement programs. Its team of advisors represents some of Ontario’s top companies by helping them to realize their financial and business goals.
“The addition of TBC will greatly strengthen our retirement and benefits operations in Ontario,” said Greg Belton, executive chairman of Hub Ontario. “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.”
TBC will join Hub Ontario, and its president, Rob Tamblyn, will report to Belton. Tamblyn said joining Hub will allow TBC to “leverage the resources of one of North America’s largest insurance brokers and enhance its dedication to exceptional, consistent client services”.
He added: “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.”
