Hub International Limited acquires assets from South Bend financial group
-
2:28
Public forum hosted by John Glenn High School students
-
3:34
Kickoff preview with ABC57’s Allison Hayes
-
0:57
Completion of Martin Luther King Jr. Dream Center one step closer
-
0:36
Niles High School students network with local professionals
-
3:59
Political group asks Indiana Democrats to vote in Republican...
-
3:01
New Buffalo Area Schools to build workforce housing
-
2:37
City seeks feedback for final Potawatomi Park plan
-
7:27
Center for the Homeless hosting Dancing With Our Stars
-
2:10
More wet weather arriving later tonight, but sunnier skies after
-
3:16
Public input on the proposal to restart the Palisades Nuclear...
-
1:35
Dari Fair opened Wednesday for 2024 season, temperatures cool...
-
1:22
Another round of rain, then a cool weekend
SOUTH BEND, Ind. – The Employee Benefits Division at the Healy Group in South Bend was acquired by Hub International Limited, a brokerage firm based out of Chicago.
The Healy Group provides risk management and financial services. They will continue to operate under the same name.
There is not expected to be any changes to their services.
Rich Preuss, the President of the Healy Group, spoke about the acquisition and how it will benefit everyone involved.
“Within the group insurance world, employers are looking for all sorts of ways to control their cost and provide benefits at an affordable level to their employees,” Preuss said. “It’s complicated. It’s extremely complicated and there are all sorts of different avenues you can go down to figure out how we save money for our employers or how can we provide a higher quality benefit without increasing the price to the employers. So being connected to a larger firm that can provide more services is going to allow those employers more options to look at in terms of how we can accomplish that goal.”
The acquisition was mutually agreed upon by both parties.
Preuss said that the agreement was based on what was best for employees and customers.