Hub International has announced a new acquisition in Massachusetts. The national insurance brokerage firm, with a growing presence in the Commonwealth, has acquired the assets of Allegiant Global Partners, Inc. (AGP). Headquartered in Boston, 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.
“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.”.
With respect to its focus, 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.
“AGP’s partnership with Hub brings a trove of new resources to existing and prospective clients,” said Jay Bride, Founder and CEO of AGP. “We couldn’t be more excited to join a firm dedicated to excellence in every facet of global employee benefits, insurance and risk management.”
According to the terms of the transaction, Bride along with AGP’s President & Chief Customer Officer Denis Guay, as well as the rest of the AGP team will join Hub National Employee Benefits and Hub New England. Going forward, AGP will be referred to as AGP, a Hub International company.
No further terms of the transaction were disclosed.
A look at Hub’s geographic footprint via acquisition in New England
Over the past decade, Hub New England has increased the size and scope of its presence throughout our region with strategic acquisitions both in Massachusetts and around New England.
The following is a list of other agencies that Hub New England has acquired and that have been covered by Agency Checklists:
