Hub Acquires Assets of Puerto Rico-based Christiansen Insurance Group
SAN JUAN — Hub International Limited (Hub), a leading full-service global insurance broker, announced Tuesday that it has acquired certain assets of Christiansen Insurance Group LLC.
Chicago-based Hub has more than 12,000 employees in North America and is ranked the seventh-largest brokerage of U.S. business by Business Insurance.
Guaynabo, Puerto Rico-based Christiansen Insurance Group is a full-service insurance firm, specializing in property and casualty, personal insurance and employee benefits solutions.
Ralph Christiansen, president of Christiansen Insurance Group, will join Hub Puerto Rico as senior executive vice president and report to Antonio Casellas, president and CEO of the Hub region.
“We are excited to join Hub and work with an extraordinary group of talented professionals,” Christiansen is quoted as saying in the news release. “With Hub, we will now have access to more markets, services and resources to continue to grow and assist our clients.”