Hub International Limited announced that it has acquired Redcliffe Financial Group, a Vancouver, British Columbia-based employee benefits and life insurance brokerage firm. Terms of the acquisition were not disclosed.
Hub said Redcliffe would “become part of the Hub International Insurance Brokers (Hub TOS) operation, and the employees of Redcliffe will move into Hub’s existing offices in Burnaby, British Columbia. Norman Redcliffe, President, and Christopher Redcliffe, Account Manager, will join Hub as part of the transaction.
“Redcliffe primarily offers group benefits, pension plans, life insurance and living benefits, amongst other products and services. Founded in 1976, Redcliffe has focused on implementing comprehensive risk management, life, health and retirement planning strategies for businesses and individuals throughout the Vancouver area for over four decades. The Redcliffe team serves commercial clients across many industries, with a specific expertise in programs for educational institutions.”
Hub International President and CEO Tina Osen commented: “Hub International is committed to building our employee benefits operations in Western Canada. Redcliffe is an exceptional firm that has superior client and insurance carrier relationships, and a talented technical team. We welcome Norman, Chris and the rest of the Redcliffe team and their clients to Hub and are confident that they will be a wonderful complement to our existing operations.”
Source: Hub International Limited
Topics Mergers & Acquisitions
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