Insurance brokerage Hub International recently announced that it has acquired several assets of Vaughan, Ontario-based Insurance Supermarket (ISI).
ISI is an insurance marketing organization “specializing in connecting the needs of consumers with qualified advisors,” a release said. The sale of several of ISI’s assets unrelated to the company’s marketing efforts will allow it “to further enhance the value it offers to both consumers and the insurance industry.”
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Hub’s latest acquisition is part of its efforts to expand its geographic footprint in the region. The company has been one of the most active private-equity backed agencies when it comes to mergers and acquisitions.
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