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Hub International Ltd. said Wednesday it has launched a practice to help global businesses manage cross-border risks.
The global risk solutions practice will be led by William Mulé, Chicago-based executive vice president at Hub.
Mr. Mulé will report to Mary-Beth Hahn, Summit, New Jersey-based complex risk practice leader at Hub.
The global risk practice will specialize in managing complex risks across North America and in over 100 territories across Europe, Asia, Oceania, Africa and the Middle East, and South America, the Chicago-based broker said in a statement.
Insurance and risk management services offered include: captive-fronted and manuscript first-party programs, loss portfolio transfers and alternative risk financing; reinsurance, alternative market capacity and customized excess casualty structures; local experts to help businesses adhere to country and local legislation, regulation and taxation law; and updates on global matters affecting local operations.