CHICAGO, July 12,
2024 /PRNewswire/ -- Hub International Limited (Hub),
a leading global insurance brokerage and financial services firm,
announced today that it has acquired the assets of Integrated
Benefits Group Insurance Brokerage, Inc. (IBG). Terms of the
transaction were not disclosed.
Located in Stoneham,
Massachusetts, IBG provides employee and group benefit
insurance and administrative services for small to medium
businesses. CEO Tony Maffeo and the
IBG team will join Hub New England.
"We are excited to welcome Tony and the IBG team to Hub," said
Shawn McLaughlin, President of Hub
New England. "We look forward to enhancing and supporting the IBG
clients with the depth of our resources, as well as, adding a very
talented group of professionals to our team!"
IBG will be referred to as Integrated Benefits Group Insurance
Brokerage, Inc., a Hub International company.
IBG was represented by Marshberry for the transaction.
About Hub's M&A Activities
Hub International
Limited is committed to growing organically and through
acquisitions to expand its geographic footprint and strengthen
industry and product expertise. For more information on the Hub
M&A experience, visit WeAreHub.com.
About Hub International
Headquartered in Chicago, Illinois, Hub International Limited
is a leading full-service global insurance broker and financial
services firm providing risk management, insurance, employee
benefits, retirement and wealth management products and services.
With more than 18,000 employees in offices located throughout
North America, Hub's vast network
of specialists brings clarity to a changing world with tailored
solutions and unrelenting advocacy, so clients are ready for
tomorrow. For more information, visit Hub Media Center.
CONTACT:
Media: Jessica Wiltse
Phone: 312-596-7573
jessica.wiltse@hubinternational.com
M&A: Clark Wormer
Phone: 312-279-4848
Clark.wormer@hubinternational.com
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SOURCE Hub International Limited