Chicago – Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced today that it has acquired the assets of Integrated Benefits Group Insurance Brokerage, Inc. (IBG). Terms of the transaction were not disclosed.
Located in Stoneham, Massachusetts, IBG provides employee and group benefit insurance and administrative services for small to medium businesses. CEO Tony Maffeo and the IBG team will join Hub New England.
“We are excited to welcome Tony and the IBG team to Hub,” said Shawn McLaughlin, President of Hub New England. “We look forward to enhancing and supporting the IBG clients with the depth of our resources, as well as, adding a very talented group of professionals to our team!”
IBG will be referred to as Integrated Benefits Group Insurance Brokerage, Inc., a Hub International company.
IBG was represented by Marshberry for the transaction.
Source: Hub International Limited
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