CHICAGO--(BUSINESS WIRE)--Hub International Limited (Hub), a leading global insurance brokerage, announced today that Hub International New Mexico (Hub New Mexico), a division of Hub based in Albuquerque, New Mexico, has purchased an employee benefits book-of-business from Dunagan Associates Inc. Terms of the book-of-business acquisition were not disclosed. Dunagan will remain an independent commercial lines brokerage and will not become part of Hub New Mexico.
The employee benefits book-of-business will be supported by the client services team from the Carlsbad, New Mexico office of Hub New Mexico. It will provide the firm with a strong foundation for offering an expanded employee benefits solution to the Carlsbad community including, strategic benefits planning, population health management, employee engagement and communication, healthcare reform guidance and compliance, and exchange technology solutions.
About Hub’s M&A Activities
Hub International is committed to growth through organic efforts and acquisitions. It continues its aggressive pace of identifying and acquiring entrepreneurial brokers that are dedicated and focused on providing local market specialization, while at the same time looking to leverage the resources and tools of a global brokerage. For more information about Hub’s M&A activities visit www.WeAreHub.com.
About Hub International
Headquartered in Chicago, IL, Hub International Limited is a leading global insurance brokerage that provides property and casualty, life and health, employee benefits, investment and risk management products and services through offices located in the United States, Canada and Latin America. For more information visit www.hubinternational.com.