H&F’s Hub International acquires two Ontario insurers
Hub International Ltd has acquired Clearwater Insurance Group Inc, a Toronto-based provider of insurance solutions to clients through customized programs and proactive health services. No financial terms were disclosed for the deal, which will see President Alexander Eaton join Hub Ontario. The deal follows Hub's acquisition last week of Access Insurance Brokers Inc, an Ottawa-based provider of personal and commercial insurance solutions. Hub, a Chicago-based full-service insurance company, was bought in 2013 by U.S. private equity firm Hellman & Friedman (H&F) for about US$4.4 billion.


