Hub International continues M&A with acquisition of Employee Benefit Associations

Deal comes a day after it snapped up a Mississippi-based business

Hub International continues M&A with acquisition of Employee Benefit Associations

Insurance News

By Josh Recamara

Hub International Limited has acquired the assets of Employee Benefit Associations Inc. (EBA), an independent insurance agency based in Lexington, Kentucky, which offers employee benefit planning services, along with individual life and health coverage.

The terms of the transaction were not disclosed. EBA will continue to operate under the name EBA, a Hub International company.

“We’re pleased to have EBA join Hub, marking an important step in our region’s growth,” said Cooper Jones, president of Hub Mid-South. “EBA will help us enhance our ability to provide guidance to clients navigating the evolving employee benefits landscape.”

Benefit consultants Greg Humkey and Christina Heckathorn, along with the EBA team, will join Hub Mid-South.

Hub International recently announced its acquisition of Meyer & Rosenbaum’s assets. Mississippi-based Meyer & Rosenbaum specializes in offering insurance solutions across a range of industries in the region.

The company also expanded its portfolio with the acquisition of Dansig Inc., which operates as Dansig Insurance Risk Advisors, an independent insurance risk adviser with a focus on employee benefits services, as well as commercial and personal insurance.

Hub International also purchased the assets of Yavitz Insurance Group, a privately owned insurance agency based in St. Louis, Missouri. It also acquired Mayfield Insurance, an independent insurance agency that offers commercial and personal insurance, including life, home, auto and property insurance.

The acquisitions reflect Hub’s strategy to expand its services across various sectors and regions, as well as strengthen its position as a provider of risk management and financial solutions.

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