Chicago, IL — Hub International Limited (Hub), a global insurance brokerage, announced that it has acquired Clearwater Insurance Group Inc. (Clearwater Insurance). Terms of the transaction were not disclosed.
Headquartered in Toronto, Ontario, Clearwater Insurance delivers innovative insurance solutions to clients through customized programs and proactive health services. Alexander Eaton, President of Clearwater Insurance, will join Hub Ontario reporting to Curtis McCone, President, Wealth Management and Employee Benefits, Hub Ontario.
The move further demonstrates Hub’s ongoing Canadian employee benefits growth and services strategy to assemble best-in-class capabilities and entrepreneurial talent across Canada to develop a complete employee benefits solution.