Hub acquires certain MGA assets of Ivari

By Staff | July 2, 2020 | Last updated on July 2, 2020
1 min read

Hub International Limited, a global insurance brokerage headquartered in Chicago, has acquired the life insurance product managing general agent business of Toronto-based Ivari, the firm said in a release on Thursday.

The acquisition is Hub’s latest in a series in recent years as the firm aims to grow its geographical footprint.

Ivari has a national network of thousands of independent advisors who provide life insurance products.

The brokers and business done through Ivari’s company offices will join Hub Financial Inc., a subsidiary of Hub, the release said.

Hub Financial, which combines sales training and coaching with back-office support and technology, has 15 offices across Canada.

Ivari’s “strategic refinement of resources” will allow Ivari to further support independent advisors and existing partnerships, the release said. staff


The staff of have been covering news for financial advisors since 1998.