Global insurance broker Hub International has acquired the property/casualty and employee benefits businesses of Mumby Insurance Brokers Inc. in Waterloo, Ontario.
Terms of the transaction were not disclosed.
Mumby Insurance has a focus on architects, landscape architects, engineers and specification writers.
Douglas Pinnell, vice president of Mumby Insurance, will join Hub International Ontario and report to Matt Lievers, president of Employee Benefits in the region.
Anthea Mumby, president of Mumby Insurance, will remain directly involved in the business as a consultant and will report to Gerry De Lauro, president of Personal Insurance, Hub Ontario.
Topics Mergers & Acquisitions Agencies
Was this article valuable?
Here are more articles you may enjoy.
Verisk: Insurance Claims Volume Fell to 5-Year Low in 2025 
Convicted Insurance Mogul Lindberg Should Pay $1.6B Restitution to Companies 
Maryland Reaches Settlement With Ship Owner, Operator Over Bridge Collapse 
Albertsons Reaches $774 Million Opioid Accord, Records Loss 
