Hub International Acquires P/C Book from Montreal Broker Daniel Picard

Hub International Ltd. (Hub), the Chicago-based insurance brokerage, announced it has acquired a property and casualty insurance book of business from Montreal broker Daniel Picard.

Terms of the acquisition were not disclosed.

Daniel Picard’s property and casualty insurance book of business will be folded into Hub Quebec.

Hub said its strategy is to grow organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise.

Source: Hub International