Global insurance broker Hub International Limited has announced its acquisition of Access Insurance Brokers. Terms of the transaction were not disclosed.
Ontario-based Access Insurance provides personal and commercial insurance products. Rico Saleh and Daniel Cernea, co-owners of Access Insurance, will join Hub Quebec. They will report to David McNamara, vice president of Hub Quebec.
Access Insurance is the latest in a string of Ontario acquisitions for the global broker. Last month, Hub acquired Ontario-based employee benefits and pension specialist Benefit Broker Services and Southland Insurance Brokers, an Ontario-based brokerage specializing in auto, travel and commercial insurance. Shortly before its acquisition of Southland, Hub acquired the property and casualty business of Cypher Systems Group.
