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Hub International Makes Puerto Rico Acquisition

Hub International Limited (Hub), claiming to be a leading full-service global insurance broker, announced in its statement that it has acquired certain assets of Christiansen Insurance Group, LLC (Christiansen Insurance Group). Terms of the transaction were not disclosed.

Located in Guaynabo, Puerto Rico, Christiansen Insurance Group is a full-service insurance firm, specializing in property and casualty, personal insurance, and employee benefits solutions, says the statement.

Christiansen Insurance Group has 26 employees and provides commercial insurance to the aviation, construction and design, energy, and financial industries.

According to the statement, 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 region.

Mr. Christiansen commented, “we are excited to join Hub and work with an extraordinary group of talented professionals. With Hub, we will now have access to more markets, services, and resources to continue to grow and assist our clients.” Hub International is headquartered in Chicago, Illinois, Hub International Limited is a full-service global insurance broker providing risk management, insurance, employee benefits, retirement and wealth management products, and services. They have more than 12,000 employees in offices located throughout North America and has a vast network of specialization.

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