Hub International Ltd. said Thursday it has launched a North America property practice headed by Blake Giannis.
Mr Giannis, who joined the Hub last year from Aon plc, will serve as North American property practice leader.
The practice formally brings together its group of property experts in North America, Hub said.
The practice will provide tailored risk management and coverage to better address the complex challenges in the commercial insurance property market, Hub said, including rate increases, record industry losses, price adequacy of insurance, increased underwriting scrutiny and capacity. Issues included.
Single carrier programs, shared and stratified programs, reinsurance and alternative risk solutions will be offered.