Global insurance broker Hub International Limited has acquired the assets of Connelly, Carlisle, Fields & Nichols (CCFN), a Clearwater, Florida-based insurance brokerage firm. Terms of the acquisition were not disclosed.
The CCFN operations will form a new regional Hub doing business as Hub International Florida. Hub’s existing Florida-based operations, currently led by Latimer Farr, will merge into the newly-formed platform and Farr will serve as president, Hub International Florida Personal Lines.
In connection with the acquisition, John Connelly, president of CCFN, will join Hub as chief executive officer, Hub International Florida, reporting to W. Kirk James, president, Hub International, Southeast/Mountain regions and chief operating officer for Hub.
CCFN has offices in Clearwater and Tampa. CCFN offers commercial lines, employee benefits and personal insurance programs to businesses and individuals.