HUB International acquires Global Credit Risk Management

June 3, 2021

On June 3, 2021, HUB International Ltd. (“HUB”) announced the acquisition of Global Credit Risk Management Inc. (“GCRM”), a Canadian independent broker of accounts receivable and political risk insurance with offices located in Ontario and Alberta. GCRM will support HUB’s Specialty Practice, which includes financial institutions, by complementing and strengthening HUB’s offering to all industries, banks, lending institutions and investment firms.

HUB is a Chicago-based full-service global insurance broker that provides risk management, insurance, employee benefits, retirement and wealth management products and services.

Miller Thomson advised HUB on the transaction with a team led by Max Spearn (Corporate/M&A), and comprised of Deven Rath (Corporate/M&A), Rebecca Asrula (Paralegal), and Joshua Rim (Student).