Hub International Limited has announced its acquisition of the assets of Riviera Insurance Services, a California-based insurance brokerage. Terms of the acquisition were not disclosed.
Based in Santa Barbara, Calif., Riviera was founded in 2006. The company specializes in providing property and casualty insurance solutions and employee benefits. Chris Hill, president of Riviera, and Steve Woodward, the company’s executive vice president, will join Hub California and report to Senior Executive Vice President Darren Caesar.
The acquisition is part of Hub’s ongoing commitment to growth and the expansion of its geographic footprint. Since 1998, the company has added more than 400 brokerages.
