H&F-owned Hub acquires Ontario commercial book of business

Sinclair Cockburn Ltd, an Ontario subsidiary of Hub International Ltd, has purchased a commercial line book of business from independent broker Lisa Cook. The financial terms of the transaction were not published. Lisa Cook will join Hub's Markham, Ontario, office and support its mid-market commercial business, the company said. Hub, a Chicago-based insurance brokerage with significant operations in Canada, was acquired in 2013 by U.S. private equity firm Hellman & Friedman from its previous private equity owners for US$4.4 billion.

8 September 2014•2 mins read
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