Hub International Limited acquired CAPAX Management and Insurance Services, Inc. Terms of the transaction were not disclosed. CAPAX is one of the largest locally owned insurance brokerage and employee benefits consulting organizations located in Central California. CAPAX provides multi-line insurance solutions, including personal and commercial, employee benefits products and risk management solutions for their clients. CAPAX's expertise in bringing captive solutions to their clients and their focus on various industries, such as agribusiness, complements and strengthens Hub's existing capabilities.
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