Friday, July 29, 2022
HomeInsurance LawHub buys public sector-focused worker advantages agency in US

Hub buys public sector-focused worker advantages agency in US

[ad_1]

Hub Worldwide Restricted has taken over the belongings of Alexander & Firm, an unbiased worker advantages advisory agency serving the general public sector.

The worth of the deal was not shared by the businesses.

As a part of the transaction, the Alexander & Firm crew will now grow to be a part of Hub Gulf South.

This contains Alexander & Firm president and founder Dale Alexander.

Hub Gulf South president Shaun Norris known as this crew an “superb addition”.

“Drawing on a breadth of experience, various expertise and expertise, Alexander & Firm will certainly profit our shoppers as we proceed to develop our worker advantages capabilities within the area,” Norris acknowledged.

Consulting firm MarshBerry represented the acquired entity within the deal.

Based mostly in Woodstock, Georgia, Alexander & Firm primarily caters to public schooling programs. It additionally has metropolis and county authorities shoppers.

Commenting on the deal, Alexander mentioned: “Becoming a member of Hub was a super alternative as we glance to proceed to take our agency to the subsequent stage.

“We sit up for increasing our services and products to higher serve our shoppers.”

Chicago, Illinois-based Hub Worldwide affords insurance coverage, worker advantages, retirement, danger administration, and wealth administration providers. 

The insurance coverage brokerage has a workforce of over 14,000.

The addition of Alexander & Firm continues Hub’s shopping for spree, coming shortly after its Sandy Spring Insurance coverage takeover.

Maryland-based Sandy Spring Insurance coverage supplies industrial and private insurance coverage providers, masking residence, auto and marine.

Staff of the Sandy Spring Financial institution unit will now grow to be a part of Hub Mid-Atlantic.

[ad_2]

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments