Hub International announced the acquisition of assets of Group Benefit Specialists (GBS), a Wichita, Kansas-based employee benefits brokerage. Terms of the acquisition were not disclosed.
The GBS team will continue to operate from their existing office in Wichita. Mark Isley, President of GBS, will join Hub International in his same capacity, and report to Trey Biggs, President and CEO of Hub operations in Missouri, Kansas, Oklahoma and Arkansas.
"GBS provides Hub with an expanded footprint in mid-America and our first location in central Kansas," noted Biggs. "We’re excited to bring a broader employee benefits offering to GBS customers while at the same time providing new commercial lines solutions."
GBS will offer expanded benefit solutions leveraging resources from Hub including strategic benefits planning, population health management, employee engagement and communication, healthcare reform guidance and compliance, and exchange technology solutions.
Additionally, GBS will leverage Hub’s extensive property and casualty solutions including executive liability, cyber liability, workers’ comp, director & officer liability and more for its clients.
Hub International 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 North America.