Hub International acquires Liberty Mutual book

Hub International Limited is to acquire the renewal rights to Liberty Mutual’s middle market commercial property and casualty business in 11 US states: Arizona, Arkansas, California, Colorado, Hawaii, Kansas, Louisiana, Nebraska, Oklahoma, Utah and Texas. The business will be integrated into Hub International’s regional operations and Roy Taylor, president of Hub International’s West Region, will oversee the management of this group. Terms of the transaction were not disclosed. Martin P Hughes, chairman and chief executive officer of Hub, said the acquisition of Liberty Mutual’s book of business is “an ideal fit for us”.