Hub International Acquires Fotek Insurance Agency in New Jersey
Hub International Limited announced that its subsidiary Hub International Northeast Limited has acquired the stock of Fotek Insurance Agency Inc., a New Jersey-based employee benefits brokerage. Terms of the acquisition were not disclosed.
The Fotek operations will remain in Wall, New Jersey, and will become part of Hub Northeast’s network of 15 locations and more than 650 employees throughout New York, New Jersey, Connecticut, Pennsylvania and Rhode Island.
James Foglio, Fotek’s president, will join Hub as senior vice president and report to Joe Torella, Hub’s president, eastern region, employee benefits.
Based in Chicago, Hub International Limited is a global insurance brokerage that provides property/casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States and Canada.
- Former CEO of Nonprofit P/C Statistical Agent Sentenced for Stealing Millions
- CEO Sentenced in Miami to 15 Years in One of the Largest Health Care Fraud Cases
- AIG Partners With Amwins, Blackstone to Launch Lloyd’s Syndicate Using Palantir
- Oregon OSHA Fines Manufacturer for Workplace Safety Violations