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Article: HUB International Acquires Mones & Associates Insurance Brokers From Aviva Canada.
- Article from:
- Business Wire
- Article date:
- November 9, 2009
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Deal Expands Hub's Presence in Western and Northern Canada
CHICAGO -- Hub International Limited (Hub) announced today that it has acquired Mones & Associates Insurance Brokers Inc. (Mones), one of the largest personal and commercial insurance brokers in Western and Northern Canada with approximately $10 million in annual revenue, from Aviva Canada Inc. (Aviva). Mones also operates under the name of Arctic Insurance Brokers Ltd in select markets. As a result of this acquisition, Hub will expand its operations to the following seven new locations in Canada: Edmonton, Calgary, Saskatoon, Prince Albert, Iqaluit, Whitehorse and Yellowknife. Terms of the acquisition ...