Hub International announced April 7 that it has acquired “certain assets” of Insurance Supermarket (ISI). The acquisition terms were not disclosed.
ISI, based in Vaughan, Ontario, is a large insurance marketing organization specializing in connecting the needs of consumers with qualified advisors.
“Sale of assets unrelated to ISI's marketing efforts will allow ISI to further enhance the value it offers to both consumers and the insurance industry,” said Hub’s announcement.
The Insurance and Investment Journal contacted Hub for more details about the assets purchased from ISI, but the company declined to comment on the specifics of the deal.