Hub expands U.S. presence

Following on the heels of its purchase of U.S. brokerage Kaye Group Inc., Canadian-based Hub International has picked up J.P. Flanagan Corporation. The Chicago brokerage has satellite offices in Baltimore, Cleveland, Denver and New York, and last year had annual commission revenue of about US$7 million.
J.P. Flanagan, which deals in property, casualty and professional liability lines of business, will be merged with Hub’s Chicago subsidiary, Mack and Parker Inc.
“We are pleased to have Joe Flanagan and his associates joining forces with our Chicago office, Mack and Parker,” comments Marty Hughes, chairman and CEO of Hub. “Each firm has independently achieved significant success.”
J.P. Flanagan founder and president Joseph Flanagan expressed pleasure to be joining Hub, which has an international presence and resources. He will join Hub’s executive committee and become executive vice president of Mack and Parker.
Along with the J.P. Flanagan offices, Hub now has a U.S. presence in Boston and through the Kaye Group in New York, Connecticut, Rhode Island and California.