Hub International snaps up LSM Insurance

by Leo Almazora11 Mar 2020

Leading global insurance brokerage Hub International (Hub) has acquired LSM Insurance, a Markham, Ontario-based online provider of life and health insurance solutions.

With a team boasting a combined 100 years of life insurance industry experience, LSM specializes in the hard-to-insure market, helping clients with health issues find affordable life insurance solutions.

“This is an exciting opportunity for us,” Lorne Marr, owner and director of LSM, said of the transaction. Marr will be joining Hub Financial, a subsidiary of Hub. “We look forward to helping Hub Financial build the most robust lead generation program in the industry.”

Hub Financial is one of Canada’s largest distributors of life insurance and investment solutions to advisors. With offices in 15 Canadian cities, the company claims to provide the convenience of local support along with the security of national scope and size.