Hub Worldwide, a world insurance coverage brokerage and monetary providers agency, has acquired the property of Allegiant International Companions (AGP), a consultancy based mostly in Boston, Massachusetts, US.
The monetary phrases of the deal haven’t been disclosed.
AGP offers well being, welfare and threat consulting providers to worldwide non-governmental organisations (NGOs), larger training establishments and home non-profits.
AGP’s experience within the non-profit and training sectors is predicted to enhance and strengthen Hub Worldwide’s specialty and world Advantages capabilities.
The crew from AGP, together with founder and CEO Jay Bride and president and chief buyer officer Denis Guay, shall be built-in into Hub’s Nationwide Worker Advantages and Hub New England operations.
Bride stated: “AGP’s partnership with Hub brings a trove of latest assets to present and potential shoppers. We could not be extra excited to hitch a agency devoted to excellence in each aspect of worldwide worker advantages, insurance coverage and threat administration.”
Following the acquisition, AGP shall be often called AGP, a Hub Worldwide firm.
Monetary advisory providers for the transaction have been supplied by TAG Monetary.
Hub Worker Advantages Nationwide COO and observe chief Linda Keller said: “We’re excited to welcome AGP to Hub. Their deep experience in worldwide NGOs, larger training and non-profit industries enhances our capacity to ship much more complete options to our shoppers.
“Collectively, we’re positioned to speed up development and unlock new alternatives for the shoppers we serve.”
This growth follows the latest introduction of HUB Personal Consumer Small Enterprise Options, an insurance coverage product designed for small enterprise homeowners with excessive internet price.
Headquartered in Chicago, Illinois, Hub portfolio consists of threat administration, insurance coverage, worker advantages, retirement, and wealth administration services and products.
“Hub Worldwide snaps up Allegiant International Companions ” was initially created and printed by Life Insurance coverage Worldwide, a GlobalData owned model.
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