With this deal, the insurer has entered a new line of business.
Hub International has bought a brokerage in the Greater Toronto Area.
Expects $13.4-billion acquisition to breakeven in 2026.
After announcing its withdrawal earlier this year, the insurer has now chosen a partner to take over its mortgage client
Payer-provider ambitions lead company to partner further with pharmacy provider.
The buyer says deal makes the firm a one-stop shop for actuarial services.
USD $170-million deal expected to close in the first half of 2024.