Hub International Ltd. said Wednesday it has launched its North American complex risk practice headed by former Wells Fargo executive Mary-Beth Hahn.
Ms. Hahn will lead the practice to address the growing need of clients seeking guidance on complex risk issues, the statement said Wednesday.
Marc Cohen, president and CEO of Hub International, said in the statement clients are facing complex risks in the form of cyber, nuclear verdicts or increases in catastrophic weather events.
The complex risk practice will advise U.S. and Canadian clients on excess casualty programs, enterprise risk management, captives, alternative risk financing and a host of other pertinent topics including reinsurance.
Broker Hub International Ltd. has acquired Purselley Associates, a Fort Worth, Texas-based insurance broker that provides employers and individuals with employee benefits resources and solutions, reports Fort Worth Business. Joyce “Dixie” Purselley and the Purselley Associates team will join Hub Texas. Terms of the transaction were not disclosed.