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SPG Canada acquires Mode Insurance Services

On December 1, 2025, Mode Insurance Services Ltd. (Mode Insurance Services), a respected program administrator based in Abbotsford, BC, was acquired by Specialty Program Group Canada Inc. (SPG Canada), a subsidiary of Hub International Limited.

Mode Insurance Services brings a robust suite of Auto-related products to SPG Canada’s portfolio, including new vehicle replacement insurance, enhanced limited depreciation coverage, and negative equity protection plans.

Fasken advised Mode Insurance Services with a team led by Kareen Zimmer (M&A) and included Shiva Bakhtiary (M&A), Stephanie Lee (M&A), Kristian N. Arciaga (Real Estate), Ariel Laver (Technology), Jordan Thompson (LEHR), Samuel Li (M&A), Christopher Ross (Tax), and KC Miu (Banking).

Company

Specialty Program Group Canada Inc.

Law Firm / Organization
Not specified

Company

Mode Insurance Services Ltd.

Merger & Acquisition
Transportation
Undisclosed/Confidential
Closed
01 December 2025