Hub Acquires Brady Risk Management of New York

Global insurance broker Hub International Limited reported that it has acquired the assets of Brady Risk Management, Inc. of Huntington, New York.

Brady Risk is a risk management, risk transfer and insurance firm that serves key industry segments, including restaurant and hospitality, which complements Hub’s specialty practice.

Sean Brady, president, and the Brady Risk team of 15 will join Hub Northeast.

Brady, who founded the firm in 1995, sold Brady & Co., a managing general agency for AIG, the same year.

In addition to its New York headquarters, Brady Risk Management maintains offices in Washington D.C. and Portland, Maine. (Brady Risk New England).

Terms of the transaction were not disclosed.