What’s New: In Brief (March 02, 2010)

The CG&B Group Inc. has acquired Robertson & Robertson Yacht Insurance Ltd.This brings CG&B into the yacht insurance business, expanding their current product and service line. Robertson & Robertson Yacht Insurance Ltd. provides customized insurance coverage to meet the needs of individual boat owners. The Robertson & Robertson operation will be integrated into CG&B’s Markham, Ontario office and continue to operate under the Robertson & Robertson Yacht Insurance Ltd. name. This is CG&B Group’s thirteenth acquisition in 12 years. It increases the CG&B’s employee base to 190, with a projected annual premium volume of $150 million this year.

Trevor Hibbs has joined Canadian Underwriters for Licensed Establishments (CULE) Inc. as vice-president of business development.CULE Insurance is a managing general agent (MGA) specializing in hospitality insurance on a Canada-wide basis.Hibbs’ extensive marketing background will allow him to expand the CULE portfolio across Canada in conjunction with provincial broker connections.