Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced today that it has acquired GMG Group, Inc. and its subsidiary, Meyers Glaros LLC (Meyers Glaros). Terms of the transaction were not disclosed.
Located in Merrillville, Indiana, Meyers Glaros is one of the oldest independently owned insurance brokerages providing commercial and personal insurance, and employee benefits services.
"Meyers Glaros has a strong reputation in the market, and we are excited to have them join Hub," said Caroly Hofstee, President and CEO of Hub Midwest East. "From their high-performing sales team of specialists to their strong relationships with top insurance providers, they will help us continue to advance our growth strategy in the region."
Managing Partners Matt Glaros and Jeff Meyers, and the Meyers Glaros team will join Hub Midwest East.
"Hub is the perfect strategic partner for us as we look to accelerate our growth into the future," said Glaros. "Joining Hub will give our clients and employees greater resources, expertise and opportunities."
Meyers Glaros will be referred to as Meyers Glaros LLC, a Hub International company.
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