Latest news with #PrivateClientSmallBusinessSolutions
Yahoo
06-05-2025
- Business
- Yahoo
Hub International snaps up Allegiant Global Partners
Hub International, a global insurance brokerage and financial services firm, has acquired the assets of Allegiant Global Partners (AGP), a consultancy based in Boston, Massachusetts, US. The financial terms of the deal have not been disclosed. AGP provides health, welfare and risk consulting services to international non-governmental organisations (NGOs), higher education institutions and domestic non-profits. AGP's expertise in the non-profit and education sectors is expected to complement and strengthen Hub International's specialty and global Benefits capabilities. The team from AGP, including founder and CEO Jay Bride and president and chief customer officer Denis Guay, will be integrated into Hub's National Employee Benefits and Hub New England operations. Bride said: "AGP's partnership with Hub brings a trove of new resources to existing and prospective clients. We couldn't be more excited to join a firm dedicated to excellence in every facet of global employee benefits, insurance and risk management." Following the acquisition, AGP will be known as AGP, a Hub International company. Financial advisory services for the transaction were provided by TAG Financial. Hub Employee Benefits National COO and practice leader Linda Keller stated: "We are excited to welcome AGP to Hub. Their deep expertise in international NGOs, higher education and non-profit industries enhances our ability to deliver even more comprehensive solutions to our clients. 'Together, we are positioned to accelerate growth and unlock new opportunities for the clients we serve." This development follows the recent introduction of HUB Private Client Small Business Solutions, an insurance product designed for small business owners with high net worth. Headquartered in Chicago, Illinois, Hub portfolio includes risk management, insurance, employee benefits, retirement, and wealth management products and services. "Hub International snaps up Allegiant Global Partners " was originally created and published by Life Insurance International, a GlobalData owned brand.
Yahoo
23-04-2025
- Business
- Yahoo
HUB unveils insurance offering for HNWIs operating small businesses
HUB International has launched HUB Private Client Small Business Solutions, a new insurance offering designed for high-net-worth individuals who are small business owners. The service offers specialised coverage options to address the various risks and liabilities that come with owning and operating a small business. The range of coverages includes business owners, commercial auto, cyber, errors and omissions, general liability and property. Hub's new offering is powered by Insureon, the company's digital marketplace for small business insurance. The platform offers a digital gateway to a suite of specialised insurance products from more than 30 carriers. Insureon president Jeff Kroeger said: 'The launch of HUB Private Client Small Business Solutions underscores Insureon's ongoing commitment to providing personalised, top-tier coverage for small business owners. We are proud to partner with HUB Private Client Advisors to deliver a solution that safeguards both the clients' businesses and their personal wealth.' Additionally, HUB private client risk advisors are available to ensure that the insurance coverage aligns with the overall personal wealth strategy of the clients. HUB Private Client is a division of HUB International that focuses on delivering personalised risk solutions for high-net-worth individuals and families. The division provides advisory expertise with a consultative approach, with a focus on client advocacy. HUB executive vice-president and HUB Private Client head Katherine Frattarola stated: 'When an affluent family member starts a side venture, they need to understand and account for liabilities while operating a small business. With HUB Private Client Small Business Solutions, we understand the importance of customised guidance and solutions to protect not just the operations of this new venture but our clients' wealth and legacy.' Earlier in February, HUB International expanded its offerings with the launch of HUB Private Client Equine Risk Advisory Services. This service caters to high-net-worth and ultra-high-net-worth clients involved in the equine industry, including horse owners, trainers, riders and enthusiasts. "HUB unveils insurance offering for HNWIs operating small businesses " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
