Hub Acquires Assets of Utah-Based Spectra Management

Hub International Ltd. has acquired the assets of Sandy, Utah-based Spectra Management LLC.

Terms of the deal were not disclosed.

Brent Bennett, president and CEO of Spectra, will continue to lead Spectra operations.

Spectra specializes in helping companies create employee benefits packages.

Chicago, Ill.-based Hub is an insurance brokerage that provides property/casualty, life and health, employee benefits, investment and risk management products and services.