Hub International, a leading global insurance brokerage, announced today that it has acquired certain assets of FirstBank Insurance Agency, Inc. (FirstBank). Terms of the acquisition were not disclosed.

Terms of the acquisition were not disclosed.

Based in San Juan, Puerto Rico, FirstBank is a general agency providing property and casualty insurance solutions and a subsidiary of First Bancorp, a diversified financial institution also based in San Juan. Acquired assets will be a part of Hub Puerto Rico.

Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise.

Headquartered in Chicago, IL, Hub International Limited is a leading global insurance brokerage that provides property and casualty, life and health, employee benefits, investment and risk management products and services from offices located throughout North America.