The newly established HUB Property Practice capitalizes on the expertise of HUB’s extensive group of Property specialists located across North America. These specialists will play a pivotal role in delivering customized risk management and insurance solutions, addressing a spectrum of challenges prevalent in the market.

Among the key issues that the HUB Property Practice aims to navigate are rising rates, unprecedented industry losses, concerns regarding insurance-to-value adequacy, and heightened underwriting scrutiny. Additionally, the practice will focus on grappling with challenges related to market capacity for specific risks and perils.

Blake Giannisis, the recently appointed Executive Vice President, will assume the role of North American Property Practice Leader.

Speaking about the launch, Marc Cohen, President & CEO of HUB, said: “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,.”

He added: “We continue to expand our boundaryless solutions to support our clients and mitigate their risks by bringing the right experts and resources to them.”