CHICAGO — Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced today that it has acquired the assets of Catto & Catto, Inc. and Catto & Catto Benefits Group, LLC (collectively, Catto & Catto). Terms of the transaction were not disclosed.
Located in San Antonio, Texas, Catto & Catto provides commercial and personal insurance, risk management, surety, benefits and wellness solutions to clients. Catto & Catto specializes in various industries, including construction and real estate, which supports Hub’s Specialty practices by complementing and strengthening its existing capabilities.
“Hub continues to grow its capabilities and further enhance our reputation in the region with the addition of Catto & Catto,” said Martin Yung, President and CEO of Hub Texas. “We are focused on providing the highest quality of service to our clients. With Catto & Catto, clients will benefit from their depth of expertise and invaluable insight.”
Jaimie Hayne, CEO of Catto & Catto, and the Catto & Catto team will join Hub Texas.
“Hub has a strong reputation in the market,” said Hayne. “Their depth of resources and national platform makes them a great fit for us as we continue to grow. We bring to Hub our fantastic team, a unique balance of Employee Benefits and P&C, a long history in Texas and a group of wonderful and very loyal clients.”
Reagan Consulting served as financial advisor to Catto & Catto in the transaction.
Source: Hub International Limited
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