Global insurance broker Hub International Limited reported it has acquired the assets of Allegiant Global Partners, Inc. (AGP) of Boston.
AGP is a health, welfare and risk consulting firm serving global employers. AGP serves the needs of international nongovernmental organizations (NGOs), higher education institutions and domestic nonprofits.
Hub said AGP’s expertise in the nonprofit and education industries complements its existing specialty and global benefits capabilities.
Jay Bride, AGP founder and chief executive officer, Denis Guay, president, and the AGP team will join Hub National Employee Benefits and Hub New England, AGP will be referred to as AGP, a Hub International company.
Terms of the transaction were not disclosed.
Headquartered in Chicago, Hub has more than 19,000 employees in offices located throughout North America.
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