Hub unveils professional, executive risk specialty practice

Hub International Ltd. on Wednesday said it has launched a professional and executive risk specialty practice.

It will be staffed by more than 100 employees with experience in executive liability, professional liability, technology and cyber, transactional risk insurance placement capabilities, and specialized risk and claims services, a Hub statement said.

The North American practice will be led by David Garrigus, executive vice president and regional management and professional liability practice leader.

Its four areas of focus will be executive liability, including directors and officers liability, fiduciary liability, employment practices liability, crime, and kidnap, ransom, and extortion; professional liability errors and omissions coverage including lawyers professional, architects and engineers professional, and health care professional liability; transactional risk including representations and warranties, tax indemnity, and litigation and contingent risk; and cyber, technology E&O, and intellectual property. 

Headquartered in Chicago, Hub is the seventh-largest broker of U.S. business, according to the most recent Business Insurance rankings.