CHICAGO — Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the assets of Todd & Associates, LLC (Todd & Associates). Terms of the transaction were not disclosed.
Located in Lake Charles, Louisiana, Todd & Associates is an independently owned agency with more than 100 years of combined experience in the insurance industry. Todd & Associates provides innovative solutions tailored to their clients’ specific risk needs, including medical professional liability insurance. This expertise in healthcare supports Hub’s Specialty practices by complementing and strengthening Hub’s existing capabilities.
“The addition of Todd & Associates to our region broadens our services and brings valuable expertise, particularly in medical malpractice, to help us provide the best possible service and innovative solutions to clients,” said Shaun Norris, President of Hub Gulf South. “This strategic move creates a presence for Hub in the Lake Charles marketplace and expands our footprint across the Gulf South.”
Louis Todd, owner of Todd & Associates, along with his team, will join Hub Gulf South and report to Mr. Norris.
“We look forward to joining Hub and becoming a part of their team,” said Mr. Todd. “We could not be more excited about expanding the scope of services and expertise Hub can offer our clients.”