PE-backed Hub acquires Forum Risques et Assurance
Hub International Ltd has acquired Forum Risques et Assurance Inc, a Montréal-based boutique insurance brokerage and risk management company. Terms weren't disclosed. Founded in 2013 by President François Jean and Executive Vice President Alain Giroux, Forum specializes in providing solutions to high-risk sectors, such as technology, manufacturing and construction. Last year, Canadian long-term private equity firm Altas Partners acquired a significant minority stake in Hub, a Chicago-based insurance brokerage, joining existing owner Hellman & Friedman.


