Chicago-based global insurance brokerage HUB International Limited (Hub) has acquired the assets of Hollis Companies L.L.C. (Hollis Companies) and The Employee Benefits Corporation (TEBC), located in Metairie, Louisiana.
Terms of the transaction were not disclosed.
TEBC and Hollis Companies are an employee benefits consulting firm providing benefits solutions, workplace-wellness plans and guidance on compliance issues to clients.
Michael Hollis, president and CEO of TEBC and Hollis Companies, will join Hub Gulf South and report to Hub Gulf South President Shaun Norris.
Hub International Limited provides property and casualty,life and health, employee benefits, investment and risk management products and services.
Source: Hub International Limited
Was this article valuable?
Here are more articles you may enjoy.
More Americans Are Moving Away From Flood Risk Than Toward It 
Mamdani Delivers Rent Freeze in Milestone for New York City Tenants 
NAIC Says Data Taken in Hack Has Been Published Online 
PE-Backed Insurance Broker Hub International Files Confidentially for US IPO 
