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Veteran execs join brokerage.


Two seasoned veterans of the insurance industry joined forces this month with Hub International Hub International Limited is an insurance brokerage based in Chicago, Illinois. The company has 200+ offices across the United States and Canada. The company offers three types of commercial products and services: property and casualty products, employee benefits and risk  Ltd., one of the nation's largest insurance brokers, to expand its Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850.  presence.

Richard Ri·chard   , Joseph Henri Maurice Known as "Rocket." 1921-2000.

Canadian hockey player. A right wing for the Montreal Canadiens (1942-1960), he led his team to eight Stanley Cup championships and was the first player to score 50 goals in a
 Kagan, founder and chief executive of Kagan Life and Health Insurance, teamed up with Roger Kozberg, a former senior vice president at Marsh Risk & Insurance Services, to form a new firm, Kagan-Kozberg.

The firm will be a division of Hub International of California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W).  Insurance Services Inc., specializing in property, casualty, and employee benefits, as well as personal insurance coverage of fine arts, antiques, wine and luxury automobiles. "We really think Los Angeles is an underserved market," said Roy Taylor Roy Taylor may refer to:
  • Roy A. Taylor, American politician
  • Roy Taylor (tennis), early twentieth century Australian tennis player
, chief executive of Hub's California insurance unit, which is based in Riverside.

Though Hub was formed in 1998, the company has jumped into the top i0 of insurance brokers and is expanding rapidly. Kagan and Kozberg helped build the former Johnson & Higgins, an old-line firm sold in 1997 to Marsh Inc., the world's No. 1 insurance brokerage.

Terms of the deal were not disclosed, though Hub agreed to acquire certain assets of Kagan Life & Health, a Century City-based firm that built a reputation selling life insurance to high net worth individuals.

Both Kagan, 59, and Kozberg, 69, said they were eager to jump back into an entrepreneurial en·tre·pre·neur  
n.
A person who organizes, operates, and assumes the risk for a business venture.



[French, from Old French, from entreprendre, to undertake; see enterprise.
 business after devoting time in the past few years to non-profits.

"Inside every old man, is a kid wondering what the hell happened," said Kozberg, whose mother is 101 years old. "Each time that I retire, I get very bored. We've been thinking and talking about this for several years."
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Article Details
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Title Annotation:Richard Kagan, Roger Kozberg joins Hub International Ltd.
Author:Berry, Kate
Publication:Los Angeles Business Journal
Article Type:Brief article
Geographic Code:1CANA
Date:Mar 27, 2006
Words:265
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