Chicago-based insurance broker Hub International Limited said it plans to acquire The Rigg Group Inc. of Texas. Terms of the deal were not released.
Rigg is an insurance brokerage and risk management firm that primarily provides property-casualty, employee benefits, executive risk management, personal lines and enterprise risk management products and services. The services are provided to clients in energy, marine, design, government transportation, construction and manufacturing sectors.
The 112-year-old firm employs approximately 225 people in offices located in Dallas, Fort Worth and Houston. Hub said it plans for Rigg to become a new regional platform doing business as Hub International Rigg.
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