HUB International Acquires Canada’s RBI Advisory Group

Hub International Ltd., the Chicago-based insurance broker, announced it has acquired R Bruce Inc., which does business as RBI Advisory Group.

Terms of the transaction were not disclosed.

Located in Okotoks, Alberta, Canada, RBI Advisory Group has provided strategic group benefit advisory services to employers and associations for nearly 20 years, said Hub in a statement.

Rick Achtymichuk, managing partner and owner of RBI Advisory Group, will join Hub International Insurance Brokers, a division of Hub International Canada West ULC (Hub Canada West).

The move reinforces Hub’s ongoing Canadian employee benefits growth strategy, added Hub.

Source: Hub International Ltd.