H&F-owned Hub buys Cypher’s P&C insurance business
Hub International Ltd has acquired the property and casualty insurance business of Cypher Systems Inc, a Windsor, Ontario-based technology-enabled insurance brokerage. No financial terms were disclosed. As a result of the acquisition, Hub will establish a new regional operation, Hub Customer Central, which will be located in Windsor. Hub, a Chicago-based full-service insurance company, was acquired in 2013 by U.S. private equity firm Hellman & Friedman (H&F) for about US$4.4 billion.
8 August 2018•2 mins read
