Hub International acquires New York-based JW Retirement Group

Hub International | November 21, 2019

Chicago, Illinois-based insurance broker Hub International has acquired JW Retirement Group, a New York-based brokerage services and investment advisory firm for an undisclosed amount. Based on Long Island, New York, the business was being run by William Peragine III and John Biondo. The firm offers services to organisations under retirement plans and to wealth management clients using its customised and client-centric approach. Hub retirement and private wealth national president David Reich said: “Both Bill and John’s depth of knowledge and the loyalty they have been able to foster with their clients will make them great additions to the Hub family.” Peragine and Biondo will join Hub Northeast and will work with Reich. They will also collaborate with Hub Northeast president and CEO Paul Collins. Peragine said: “We’re extremely excited to join the team. Hub’s dedicated commitment to employee benefits fits well with our mission. The Hub team has already started to embrace and work with us.”

Spotlight

Digital technology continues to reshape the insurance industry at an unprecedented and quickening pace. In our Technology Vision 2017 research, 87 percent of insurance respondents agreed that we have entered an era of technological advancement that is no longer marked by linear progression, but by an exponential rate of change. What sets this new wave of disruption apart from those that preceded it is that humans are firmly in control of how technology reshapes our experiences, our industry, and the wider world. It’s no longer people who are adapting to technology rather, the technology is adapting to us. We’re putting technology to work to disrupt ourselves, our organizations and entire industries.

Spotlight

Digital technology continues to reshape the insurance industry at an unprecedented and quickening pace. In our Technology Vision 2017 research, 87 percent of insurance respondents agreed that we have entered an era of technological advancement that is no longer marked by linear progression, but by an exponential rate of change. What sets this new wave of disruption apart from those that preceded it is that humans are firmly in control of how technology reshapes our experiences, our industry, and the wider world. It’s no longer people who are adapting to technology rather, the technology is adapting to us. We’re putting technology to work to disrupt ourselves, our organizations and entire industries.

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