Hub acquires two more Canadian brokerages

Global brokerage acquires The Dorsey Group and Southeastern Insurance Services

Hub International has announced that its subsidiary Hub International Ontario has acquired the shares of The Dorsey Group Inc., a Brantford, Ont.-based insurance brokerage firm offering personal and commercial products and services.  Terms of the acquisition were not disclosed.  The Dorsey operations will add new Hub offices in Brantford and Simcoe, Ont.

Read: Hub heads to the Arctic

In connection with this acquisition, Paula Dorsey will be joining Hub Ontario as vice-president, reporting to Sharlene Locke, president, personal lines, and Greg Hill, president, commercial lines, Hub Ontario.

Read: Profile of 2011 IBAO Award of Excellence finalist for Brokerage of the Year (more than 10 brokers) The Dorsey Group

The brokerage has also announced that it has acquired the shares of Southeastern Insurance Services Ltd., a Steinbach, Man.-based full-service insurance brokerage firm. Terms of this acquisition were not disclosed.

Read: The latest 2013 M&A news

Founded in 1977, the Southeastern operations will become part of the Hub International Horizon operations in Manitoba, adding a new office to Hub Horizon’s footprint in Steinbach.

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