In early April, Hub International Limited announced that it had acquired Vancouver-based Redcliffe Financial Group, an employee benefits and life insurance brokerage firm. Redcliffe will become part of the Hub International Insurance Brokers operation, and the employees of Redcliffe will move into Hub’s existing offices in Burnaby. Norman Redcliffe, president, and Christopher Redcliffe, account manager, will join Hub as part of the transaction. Terms of the acquisition were not disclosed.
Redcliffe primarily offers group benefits, pension plans, life insurance and living benefits. Founded in 1976, Redcliffe has focused on implementing comprehensive risk management, life, health and retirement planning strategies for businesses and individuals throughout the Vancouver area. The Redcliffe team serves commercial clients across many industries, with a specific expertise in programs for educational institutions.
Tina Osen, president and chief executive officer of Hub International Insurance Brokers, said, "Hub International is committed to building our employee benefits operations in Western Canada. Redcliffe is an exceptional firm that has superior client and insurance carrier relationships, and a talented technical team..."