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Hub International Acquires Canada-Based Employee Benefits Consulting Firm WR Carey Assets
Tuesday 12 November 2019

12 November 2019 - Chicago, US-based insurance brokerage Hub International Ltd. has acquired the assets of Manitoba, Canada-based employee benefits consulting firm WR Carey Corp., the company said.
Terms of the transaction were not disclosed.
Carey Corp is an independent employee benefits consulting firm providing a broad array of benefits programmes, including benefits plan consulting and group retirement services. 
Hub said Carey Corp has an excellent and established reputation as an employee benefits consultant and broker, with over 30 years of experience.
Carey will further expand the company's platform to deliver a best-in-class employee benefits service experience to clients.
The move continues to reinforce Hub's ongoing Canadian employee benefits growth and services strategy to expand its best-in-class employee benefits and pension solution to address the challenges clients are facing, including in benefits communication, health and wellness, and retirement.
Hub International Ltd. is a full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services with more than 11,000 employees in offices located throughout North America.
Date Published: 12/11/2019
Target: WR Carey Corp
Country: Canada
Sector: Insurance
Type: Corporate acquisition
Status: Closed
Buyer: Hub International Ltd
Terms of the deal were not disclosed