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Hub International, based in Chicago, has acquired the assets of Toronto-based Firstbrook Pointon Benefits.
Terms of the transaction were not disclosed.
Firstbrook Pointon Benefits is a full-service employee benefits consulting firm that offers a wide range of benefits programs, such as health & performance, benefits plan consulting, group retirement services, executive benefits and disability management, a release said.
“We continue to build on our momentum in attracting leading employment benefits firms such as Firstbrook Pointon Benefits to help us provide our clients with an even more robust Canadian benefits solution,” said Hub International Ontario executive chairman Gregory Belton. “With the world of benefits evolving and becoming more complex and integrated, it’s important for our clients to have a well-rounded benefits package in order to attract and retain high-quality talent.”
Firstbrook Pointon Benefits president and managing partner Bob Pointon will join Hub Ontario. Founder and CEO John Firstbrook – who also serves as the CEO of John T. Firstbrook Insurance Agencies – has formed a strategic alliance with Hub Ontario and will “continue to play a vital role in growing the business.”
“We look forward to supporting Hub’s employee benefits and pension strategy,” Pointon commented. “With more than 130,000 Property & Casualty clients, Hub has an incredible platform, which includes its thriving employment benefits capabilities, and a broad array of insurance and risk services solutions that will allow us to continue to grow and fully serve our clients.”
