Hub
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The proposed change could disrupt M&A at brokers, shift the calculus in favor of team lifts and dial up C-suite focus on becoming an employer of choice. -
The spun-off units include general wholesale, environmental, construction, cyber and professional liability divisions.
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A tougher environment for debt financing and a potential recession will reverse some of the remarkable tailwinds of recent years.
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Inside P&C’s morning summary of the key stories to get you up to speed fast.
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The non-profit practice is Hub’s 10th specialty division launched in the past five years.
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Chandani, who also serves as VP for hospitality and real estate, has been with Chubb since 2014.
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Sources said that the Los Angeles, California-based team joining Hub includes Juliana Selfridge, Michael Glees, Belen Olloqui and Katelyn Kiblinger.
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The acquisition marks the broker’s eighth since the start of March 2022.
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Katherine Frattarola most recently served as chief marketing officer at Pure and before then had stints at Morgan Stanley and Citi.
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The new practice will bring together specialists with experience in placements, claims, analytics, risk financing and risk control.
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The acquisitive company has struck eight deals this month.
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Acquisitive Hub International buys Hiles-McLeod of Pensacola in second deal announced in a week.
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