HUB International’s Totten Insurance Group buys Canadian Resources Insurance Solutions
Terms of the acquisition were not disclosed.
Totten says the acquisition will expand the company’s footprint in the Canadian marketplace and further define its specialization in providing exceptional underwriting service in key industry segments.
“The synergies created by this partnership will add significant value to our broker partners and further enhance Totten’s focus on specialty underwriting across Canada,” say Susan Murphy, President, Totten.
Rob Strain, CRIS’s President, will join Totten and report to Murphy.
“We are excited to join the Totten team. This partnership will help expand our national footprint and provide additional specialty offerings for our partners,” says Strain.