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Hub launches specialty practices

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Hub International Ltd. said Monday it is launching eight specialty insurance practices.

Hub said in a statement that its first specialty practices include transportation, financial institutions, entertainment-sports, construction, agriculture, hospitality, real estate and health care.

The Chicago-based broker said it selected the industries based on position for growth, depth of expertise and strength of industry value proposition, and where it has a substantial portfolio of clients.

The company said Hub Specialties are based on a model that will allow the brokerage to scale and establish future industry specialties based on regional needs and client demands.