CHICAGO — Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced today that it has acquired the assets of Allegiant Global Partners, Inc. (AGP). Terms of the transaction were not disclosed.
Headquartered in Boston, Massachusetts, AGP is a health, welfare and risk consulting firm serving global employers in the planning and execution of their international health, welfare and risk strategies. AGP offers a full range of products and services to meet the needs of international NGOs, higher education institutions and domestic nonprofits. Additionally, their expertise in the nonprofit and education industries support, complement and strengthen Hub’s existing Specialty and Global Benefits capabilities.
“We’re excited to welcome AGP to Hub,” said Linda Keller, Hub Employee Benefits National COO and Practice Leader. “Their deep expertise in international NGOs, higher education and nonprofit industries enhances our ability to deliver even more comprehensive solutions to our clients. Together, we’re positioned to accelerate growth and unlock new opportunities for the clients we serve.”
Founder & CEO Jay Bride, President & Chief Customer Officer Denis Guay, and the AGP team will join Hub National Employee Benefits and Hub New England.
“AGP’s partnership with Hub brings a trove of new resources to existing and prospective clients,” said Bride. “We couldn’t be more excited to join a firm dedicated to excellence in every facet of global employee benefits, insurance and risk management.”
AGP will be referred to as AGP, a Hub International company.
TAG Financial served as financial advisor to AGP.
SOURCE Hub International Limited
AgencyEquity statement on this article:
Some of the statements in this third party article may be forward-looking statements and perhaps even inaccurate statements. AgencyEquity or Strategic Agencies LLC does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated status of such statements. Therefore, in no case whatsoever will AgencyEquity or Strategic Agencies LLC be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or for any related damages.