Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards

Life Health > Health Insurance

Hub to Scoop Up SEBS

Your article was successfully shared with the contacts you provided.

Hub International Ltd. is expanding its distribution network in the South.

Hub, Chicago, an insurance broker, has agreed to buy Strategic Employee Benefit Services of Louisiana L.L.C. (SEBS), Metairie, La.

Hub is not saying how much it has agreed to pay for SEBS, but it says it hopes to complete the deal in August.

SEBS will become part of Hub’s Hub Gulf South unit, and Kevin Gardner, the president of SEBS, and Mike Ford, the vice president, will go to work for Hub, Hub says.

SEBS was founded in 1991 and has offices in Baton Rouge, Lafayette, Covington and Houma. The firm sells disability insurance, long term care plans and voluntary benefits as well as group health plans and individual benefit plans.

The SEBS staffers who move to Hub will be able to sell property-casualty insurance as well as life and health products, Hub says.

Hub notes that it already has had offices in Metairiem, Baton Rouge and Lafayette.

- Allison Bell

Other deal coverage from National Underwriter Life & Health:


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.