Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced that it has acquired the assets of Catto & Catto, Inc. and Catto & Catto Benefits Group, LLC (collectively, Catto & Catto). Terms of the transaction were not disclosed.
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Located in San Antonio, Texas, Catto & Catto provides commercial and personal insurance, risk management, surety, benefits and wellness solutions to clients. Catto & Catto specializes in various industries, including construction and real estate, which supports Hub’s Specialty practices by complementing and strengthening its existing capabilities.
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“Hub continues to grow its capabilities and further enhance our reputation in the region with the addition of Catto & Catto,” said Martin Yung, President and CEO of Hub Texas. “We are focused on providing the highest quality of service to our clients. With Catto & Catto, clients will benefit from their depth of expertise and invaluable insight.”
Jaimie Hayne, CEO of Catto & Catto, and the Catto & Catto team will join Hub Texas.
“Hub has a strong reputation in the market,” said Hayne. “Their depth of resources and national platform makes them a great fit for us as we continue to grow. We bring to Hub our fantastic team, a unique balance of Employee Benefits and P&C, a long history in Texas and a group of wonderful and very loyal clients.”
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