Global insurance broker, Hub International Limited (Hub) announced April 8 that it has acquired Calgary-based Wessex Financial, an employee benefits, life and living benefits firm serving the family and business markets in Alberta.
The firm specializes in association benefits planning, individual member services and financial literacy programs. Client advocacy, managing claims, and creating a greater awareness of the benefits of critical illness and other financial solutions are also part of the firm’s mandate.
The company’s president, Wayne Wiebe will join Hub International Canada West as part of the deal.
The firm’s acquisition is only one of many that Hub International is focused on, as the firm continues on its stated mission to grow organically, but by acquiring managing general agencies (MGAs), employee benefits firms and retirement services firms, to expand its geographic footprint and its lineup of industry and product expertise.