HUB clients in North America to benefit from new Property Practice
Global insurance brokerage HUB, has announced the launch of the HUB Property Practice, which was created to better address complex challenges in the commercial insurance property market.
HUB’s extensive group of Property specialists throughout North America will provide clients with tailored risk management and insurance solutions to better address these challenges, which include rate increases, record industry losses, insurance to value adequacy, heightened underwriting scrutiny.
As well as challenges with market capacity for particular risks and perils.
“HUB’s Property Practice extends our level of commitment to reinvest in HUB and bring comprehensive resources to our clients with enhanced services and insurance to help them protect and grow their business,” said Marc Cohen, President & CEO of HUB. “We continue to expand our boundaryless solutions to support our clients and mitigate their risks by bringing the right experts and resources to them.”
Recently appointed Executive Vice President Blake Giannisis, will serve as North American Property Practice Leader.
He will lead the practice and HUB experts to manage key product offerings, oversee market and wholesale partner relationships, and strengthen HUB commercial property solutions and meet client’s needs, the insurer stated.
Giannisis, commented: “HUB’s Property Practice goes beyond mere compliance with Property insurance requirements, providing personalised advice and strategy to address industry nuances and emerging risk trends.
“Our customised approach involves conducting a thorough risk assessment to help clients navigate the challenges of an ever-evolving market.”
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