Hub International Limited has acquired eBenefits Group, LLC, an employee benefits insurance brokerage which specializes in streamlining the purchasing of insurance, administration process and client employee benefit communication. The company has offices in Simsbury and Branford, Connecticut that will be folded into the operations of Hub International Northeast.
eBenefits generated approximately $3 million in revenue in 2005. The group will report to Thomas Mangan, president of HUB Northeast’s Benefits Division.
“This is an excellent opportunity to further expand our strong benefits capabilities,” said Marc I. Cohen, president and chief executive officer of HUB Northeast, based in New York. “This acquisition brings us successful benefits professionals and a solid presence in Connecticut.”
Terms of the transaction were not disclosed.
Headquartered in Chicago, Hub International is a North American insurance brokerage.
Topics Connecticut Employee Benefits
Was this article valuable?
Here are more articles you may enjoy.
US P/C Insurers Post Biggest Q1 Underwriting Profit in 25 Years 
Texans Hate Data Centers So Much They Are Asking Jesus for Help 
Iran in Talks With Oman Over Permanent Hormuz Toll System 
Progressive Is Biggest Auto Insurer, Surpassing State Farm, Says S&P GMI 
