Life Insurance

Hub acquires Christiansen Insurance Group

Hub International Limited has announced that it has acquired certain assets of Christiansen Insurance Group. Terms of the transaction were not disclosed.

Puerto Rico-based Christiansen Insurance Group is a full-service firm specializing in property and casualty, personal insurance, and employee benefits. Ralph Christiansen, president of Christiansen Insurance Group, will join Hub Puerto Rico as senior executive vice president and will report to Antonio Casellas, president and CEO for the region.

Read more: Hub snaps up California agency

“We are excited to join Hub and work with an extraordinary group of talented professionals,” Christiansen said. “With Hub, we will now have access to more markets, services, and resources to continue to grow and assist our clients.”

The deal comes on the heels of another acquisition, announced last week, in which Hub snapped up CAPAX Management and Insurance Services, a California-based insurance and employee benefits consulting firm.

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