Life Insurance

Hub scoops up Ohio employee benefits firm

Global insurance brokerage Hub International Limited has announced that it has acquired the assets of Benefit Strategies Agency and Financial Strategies Agency (collectively, Benefit Strategies Agency). Terms of the transaction were not disclosed.

Headquartered in Findlay, Ohio, Benefit Strategies Agency specializes in employee benefits, retirement, and financial planning.

Read more: Hub acquires Texas employee benefits firm

Brett Montague, Rod Wood, Lorie Montague and Terri Kuntz, all managing principals of Benefit Strategies Agency, will join Hub Midwest East.

The deal is the latest in Hub’s string of acquisitions. Earlier this week, the global broker announced the acquisition of Wellspring Insurance Agency, an employee benefits firm headquartered in Argyle, Texas. In January, Hub snapped up Ohio-based Preferred Benefits Services Agency and Puerto Rico-based Christiansen Insurance Group.

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