10 July 2018 13:30
Photo : Freepik
Another day, another acquisition for the firm, Hub International. The company announced it had purchased the shares of the general agent Independent Financial Concepts Group (IFCG). The terms of the transaction were not disclosed.
Located in Toronto, IFCG was founded by Gary Mandel, president and chief executive officer, and Jaymie Bongard, first vice-president, in 1999.
«The addition of IFCG is an opportunity for Hub to expand our network of broker and we can continue to offer financial advisers and insurance brokers looking for insurance multi-fund and of the solutions of the risk of the additional services, and access to new markets,» explains Terri Botosan, president of Hub Financial.