Insurance brokerage Hub International, has acquired the assets of Arnold and Associates, an agency engaged in employee benefits.

Arnold will become part of Hub International of Arizona, a division of Hub International of California Insurance Services (Hub Arizona). Terms of the transaction were not disclosed.

Tom Hartley, president of Hub Arizona, said: We are pleased to welcome Karlene Keogh Parks and the rest of the Arnold staff to the Hub team. Their expertise will greatly help us to expand our employee benefits capabilities in the Phoenix area. We look forward to the many opportunities that being part of one of the nation’s largest brokerages will present to my staff and me.