Hub International Limited announced on Nov. 8 that it has acquired the assets of W. R. Carey Corporation (Carey Corp).
Carey Corp is an independent employee benefits consulting firm located in Winnipeg, Manitoba. Terms were not disclosed.
"Carey Corp has an excellent and established reputation as an employee benefits consultant and broker, with over 30 years of experience," said Keith Jordan, president and CEO of Hub Manitoba. "They will further expand our platform to deliver a best-in-class employee benefits service experience to our clients."
"Ongoing and expanded service to our clients is of utmost importance to us," said actuary Bill Carey. "All Carey Corp employees, me included, will continue on at Hub. We will personally continue to work with and service our clients, as we have always done. With the continued expansion of Hub's employee benefits solutions in Canada, its recognized insurance and risk services, its local size and expertise in the Winnipeg office, and its international reach, Hub is the ideal firm for us and our clients to join and with which to continue to advise clients on a broad range of employee benefit issues.
Hub International has acquired several employee benefits firms in Canada this year, including RBI Advisory Group announced earlier this month.