Chicago-based insurance brokerage Hub International Limited has acquired the shares of Independent Financial Concepts Group Ltd. (IFCG), Hub announced in a press release Tuesday.

IFCG is a managing general agency based in Toronto. Hub provides financial advisors and insurance brokers with access to development tools and education.

“The addition of IFCG is an exceptional opportunity for Hub to expand our broker network and enables us to continue providing financial advisors and insurance brokers seeking multi-fund insurance and risk solutions with additional world-class services and access to new markets,” said Terri Botosan, president of Hub, in the release.

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