HUB acquires RHCBy The IJ Staff | January 07 2020 02:40PM
Hub International announced Jan. 7 that it has acquired B.C.-based RHC Insurance Brokers Ltd. and RHC Insurance Brokers (Cranbrook) Ltd. (RHC).
Headquartered in Nelson, British Columbia, with nine additional offices in the province, RHC provides personal and business insurance. Terms of the transaction were not disclosed.
Tammy Darough, CEO and CFO of RHC, will assist Hub International Insurance Brokers, a division of Hub International Canada West ULC (Hub Canada West), “in an advisory role to ensure a seamless transition,” stated the company.
"RHC is an excellent addition to Hub," said David Moon, President of Hub Canada West. "With RHC, we will continue to support long term growth throughout British Columbia and Western Canada. We are pleased to be able to meet the growing needs of both commercial and personal clients with our ever strengthening suite of insurance solutions and risk management services."