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Hub International Acquires Canada-Based ProCorp Financial
Thursday 10 October 2019

10 October 2019 - Chicago, US-based insurance brokerage Hub International Ltd. has acquired Ontario, Canada-based benefits firm ProCorp Financial Inc., the company said.
Terms of the transaction were not disclosed.
Hub International said ProCorp Financial has a comprehensive array of product offerings that are well aligned to further expand Hub's employee benefits solutions in Canada.
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.
ProCorp Financial is a boutique benefits and retirement consulting firm, specialising in estate planning, group benefits, life insurance, critical illness insurance, disability insurance and others.
Date Published: 10/10/2019
Target: ProCorp Financial Inc
Country: Canada
Sector: Insurance
Type: Corporate acquisition
Status: Closed
Buyer: Hub,  International Ltd
Terms of the deal were not disclosed