Hub International buys four additional Alberta-based brokerages from the Phoenix Insurance Group

Hub International Limited (Hub), an insurance brokerage firm, has acquired the assets of four middle market agencies that operate as part of the Phoenix Insurance Group Inc. (Phoenix), a cluster partnership of various Alberta-based brokerages.
Terms of the acquisitions were not disclosed.
The recently announced acquisitions include the operations of Phoenix located in Edmonton, Red Deer, Hinton and Drayton Valley.
They follow Hub’s purchase of the Grande Prairie operations of Phoenix in December 2010. All four acquired operations will become part of Hub International Barton (Hub Barton) within the Hub International Canada West region.
Phoenix Group Risk Management Inc. is not included in these acquisitions and will continue to operate independently.
The following principals will be joining Hub Barton as part of the acquisitions: Terry Stewart (Edmonton), Drew Adams (Edmonton), Doug Davis (Edmonton), Al Bean (Red Deer), Rosalie Cederstrandt (Hinton), and Laureen Bida (Drayton Valley). They will all report to Richard Burley, Vice President, Hub Barton.
The brokerages offer commercial lines, employee benefits, life, personal insurance and surety programs in the communities they serve. They work closely with clients in a range of industries including the construction, petroleum, forest products, manufacturing, property management, retailing, finance, transportation and recreation sectors.