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Hub International acquires Toronto-area benefits consulting firm

Hub International Ltd. acquired the shares of GMS Insurance (SWO) Inc., a Kitchener, Ontario-based independent benefits consulting firm.

GMS Insurance serves southwestern Ontario and the greater Toronto area. Terms of the acquisition were not disclosed.

GMS Insurance will join Hub Ontario, and Jonathan Shantz, president of GMS Insurance, will report to Greg Belton, executive chairman of Hub Ontario.