CHICAGO — Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced today the acquisition of the assets of The Wooditch Company, Insurance Services, Inc. (The Wooditch Company). Terms of the transaction were not disclosed.
Located in Irvine, California, The Wooditch Company is a privately held commercial insurance, risk management and employee benefits services firm advising clients in various industries, including construction. Their specialization in the construction industry supports Hub’s Specialty practice by complementing and strengthening its existing capabilities. The Wooditch Company team will join Hub LAOC.
“Clients will benefit from the addition of The Wooditch Company to our team,” said Andrew Forchelli, President of Hub Los Angeles/Orange County (LAOC). “I couldn’t be more excited to have The Wooditch Company join Hub LAOC.”
“Hub provides an ideal platform for us to continue to grow,” added Bill Wooditch. “Hub has strong capabilities and resources in all key areas, including specialty industries, claims, technology and more, to perfectly meet the needs of our clients.”
SOURCE Hub International Limited
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