Hub International Strengthens Commercial Insurance and Risk Management Capabilities with Acquisition of Assets of Catto & Catto, Inc. and Catto & Catto Benefits Group, LLC in Texas
Margarita M. Phillips
2 min read
CHICAGO, December 2, 2021 / PRNewswire / – International Hub Limited (Hub), a leading global insurance and financial services brokerage firm, today announced 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.
Situated in San Antonio, Texas, Catto & Catto offers commercial and personal insurance, risk management, surety, social benefits and welfare solutions to its clients. Catto & Catto specializes in various industries, including construction and real estate, which supports Hub’s specialty practices by complementing and enhancing its existing capabilities.
“Hub continues to develop its capabilities and further enhance its 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 customers. With Catto & Catto, customers will benefit from their in-depth expertise and invaluable knowledge.”
Jaimie hayne, CEO of Catto & Catto, and the Catto & Catto team will join Hub Texas.
“Hub has a solid reputation in the market,” said Hayne. “Their breadth of resources and national platform make them an ideal choice for us as we continue to grow. We bring to Hub our fantastic team, a unique balance between benefits and damages, a long history in Texas and a wonderful, very loyal group of customers. “
Reagan Consulting served as financial advisor to Catto & Catto in the transaction.
About Hub’s merger and acquisition activity
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the M&A Hub experience, visit WeAreHub.com.
About Hub International
Based at Chicago, Illinois, Hub International Limited is a leading global full-service insurance brokerage and financial services company providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 13,000 employees in offices located everywhere North America, Hub’s vast network of specialists brings clarity to a changing world with tailored solutions and relentless advocacy, so customers are ready for tomorrow. For more information, please visit www.hubinternational.com.
CONTACT:
Media: Marni gordon
Telephone: 312-279-4601
[email protected]
Mergers and Acquisitions : Clark wormer
Telephone: 312.279.4848
[email protected]
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SOURCE Hub International Limited
