Hub International Ltd. On Wednesday, it has acquired Providence, Rhode Island-based healthcare specialist RIMS Insurance Brokerage Corp.
Terms of the transaction were not disclosed.
RIMS Insurance Brokerage has offered health insurance as well as life, health, disability, employee compensation and business insurance policies and other circumstances since 1988, the Chicago-based Hub said in a statement.
The acquisition strengthens Hub's healthcare focus and the expertise and services it provides for medical practice and healthcare in Rhode Island, the statement said.
Robert Anderson, President of RIMS Insurance Brokerage, will join Hub New England and report to Daniel Nissi, Head of Hub New England Health Specialist Practice, as stated.
Hub is the world's sixth largest insurance broker, according to Business Insurance latest ranking.