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Hub International Acquires Canada-Based Berk Bilgen Insurance
Thursday 11 July 2019

11 July 2019 - Chicago, US-based insurance brokerage Hub International Ltd. has acquired Alberta, Canada-based insurance brokerage Berk Bilgen Insurance Ltd., the company said.
Terms of the transaction were not disclosed.
Hub International Ltd. is a leading 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, Hub's vast network of specialists provides peace of mind on what matters most by protecting clients through unrelenting advocacy and tailored insurance solutions.
BBI is an independent insurance brokerage based in Edmonton, Alberta, Canada, offering personal and commercial insurance solutions, including home, auto, life and travel.
In ten short years, BBI has grown considerably under a leadership of Berk and Heather Bilgen and has become a market leader in the Edmonton area.
Details
Date Published: 11/07/2019
Target: Berk Bilgen Insurance Ltd
Country: Canada
Sector: Insurance
Type: Corporate acquisition
Status: Closed
Vendor:
Buyer: Hub International Ltd
Comment:
Terms of the deal were not disclosed

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