Hub International, a leading global insurance brokerage, announced that Hub International New Mexico (Hub New Mexico), a division of Hub based in Albuquerque, New Mexico, has purchased an employee benefits book-of-business from Dunagan Associates.

Terms of the book-of-business acquisition were not disclosed. Dunagan will remain an independent commercial lines brokerage and will not become part of Hub New Mexico.

The employee benefits book-of-business will be supported by the client services team from the Carlsbad, New Mexico office of Hub New Mexico.

It will provide the firm with a strong foundation for offering an expanded employee benefits solution to the Carlsbad community including, strategic benefits planning, population health management, employee engagement and communication, healthcare reform guidance and compliance, and exchange technology solutions.

Headquartered in Chicago, 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 US, Canada and Latin America.