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Hub International Ltd. has acquired Saskatoon, Saskatchewan-based Regency Advisory Corp. Terms of the transaction were not disclosed.

Regency is an employee benefits consulting firm that provides innovative and proprietary benefit solutions to move clients to more cost sustainable and value-added benefits programs.

"We continue to build on our efforts to add talented organizations like Regency to boost our employee benefits and pension capabilities in Canada," said Keith Jordan, president and CEO of Hub International Manitoba Ltd., in a statement. "Regency has been involved in many facets of employee benefits, and will be a great collaborator for innovation and drive client-centric services and solutions."

Darwin Forbes, CEO & executive benefits consultant, and Ian DeCorby, vice president, at Regency, will join Hub Manitoba.

The move is intended to continue the reinforcement of Hub's ongoing Canadian employee benefits growth and services strategy to assemble best-in-class capabilities and entrepreneurial talent across Canada.