Hub International Limited | April 13, 2022
Hub International Limited (Hub), a leading global insurance brokerage and financial services firm, announced today that it has acquired the assets of EVO Insurance Services, Inc. (EVO Insurance Services). Terms of the transaction were not disclosed.
Headquartered in Chico, California, EVO Insurance Services is a privately held insurance agency specializing in employee benefits programs. EVO works with companies of all sizes to establish customized benefits programs that allow clients to attract and retain the top employees. Shawn Blofsky, President & Founder of EVO Insurance Services, and the EVO Insurance Services team will join Hub Central & Northern California (HUB CNC) and report into the Sacramento region.
We are excited to have Shawn and his team join us, We have a clear line of sight on how we can grow our client base together."
Darren Caesar, President of HUB CNC.
EVO Insurance Services supports clients through various resources, knowledge and expertise. They are known for their creativity in building benefits programs to maximize value for clients. The move to Hub builds on this strategy and provides EVO Insurance Services clients access to Hub's vast resources and in- house expertise. In addition, EVO Insurance Services will be able to broaden their offering to clients with property and casualty insurance, retirement and private wealth services, and a variety of individual, personal lines, and high net worth coverage options.
As the 7th largest employee benefits broker in North America, Hub's employee benefits team supports clients with tailored solutions in cost management, employee engagement, HR technology, compliance consulting, health & performance, and client advocacy.
About Hub's M&A Activities
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise.
About Hub International
Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker and financial services firm providing risk management, insurance, employee benefits, retirement and wealth management products and services. With more than 14,000 employees in offices located throughout North America, Hub's vast network of specialists brings clarity to a changing world with tailored solutions and unrelenting advocacy, so clients are ready for tomorrow.
Freeway Insurance | February 04, 2022
Freeway Insurance, the largest auto insurance and personal lines distribution company in the United States, announced today it is expanding its sponsorship with Trackhouse Racing and NASCAR driver Daniel Suárez.
Freeway Insurance began its partnership with Trackhouse Racing as a primary sponsor during the racing organization's inaugural season in 2021. As part of this continued partnership, Freeway Insurance will be the primary sponsor of Suárez for five events during the 2022 NASCAR Cup Series.
"We are proud to continue our relationships with Trackhouse Racing and Daniel Suárez, and have enjoyed joining them on their journey to expand NASCAR's fan base. NASCAR fans, whether lifetime fans or new this year, are an ideal audience for our products and services, We are also inspired by Daniel's personal story as the first Mexican champion in NASCAR and are thrilled to work with Daniel as a trusted ambassador of our brand."
-Cesar Soriano, Chief Executive Officer of Freeway Insurance.
A Monterrey, Mexico native, Suárez became the first and only foreign-born national series champion in NASCAR history following his 2016 Xfinity Series title. Last year, Freeway Insurance centered a national advertising campaign around Suárez, including the only Spanish-language commercial featuring a NASCAR driver.
This season, Freeway Insurance will serve as primary sponsor on Suarez's No. 99 Chevrolet Camaro at the Clash at the Coliseum in Los Angeles on Sunday, Auto Club Speedway in Fontana, California on Feb. 27, the All-Star Race at Texas Motor Speedway in Fort Worth on May 22, Atlanta Motor Speedway on July 10, and Daytona International Speedway on Aug. 27. For the remaining races, Freeway Insurance logos will adorn the c-post on the No. 99 Chevrolet, team uniforms, team transporter and pit equipment, as well as Suárez's uniform and helmet.
Freeway Insurance joins Trackhouse Racing's family of corporate partners that include AdventHealth, Chevrolet, CommScope, Coca-Cola, iFLY, K1Speed, Moose Fraternity and Tootsie's.
About Freeway Insurance:
Freeway Insurance, Inc., established in 1987, is the leading personal lines insurance agency in the United States, and is an affiliate brand of Confie. As also one of the fastest-growing nationwide insurance distribution companies, Freeway offers insurance policies via a "click, call, or come-in" approach that provides customers coverage throughout the United States. The company is constantly researching, growing and diversifying product offerings to stay responsive to the ever-evolving insurance market. Freeway offers a wide range of plans, from the most basic to premium plans, in auto, truck, commercial vehicle, fire, flood, homeowners, renters, small commercial, motorcycle and recreational vehicle insurance products. In 2008, Freeway Insurance joined Confie, a national insurance distribution company. Today, Freeway Insurance services customers in more than 500 offices.
HealthSmart | May 20, 2022
HealthSmart, one of the nation's largest third party administrators of health plans for employers and plan sponsors, announced the launch of DFW SmartCare™, a comprehensive level-funded health plan that offers market leading discounts to DFW-area small to mid-sized employers. The plan offers significant savings and protection for plan sponsors and features access to the Baylor Scott & White Quality Alliance (BSWQA), inclusive of Catalyst Health Network (CHN). BSWQA is a clinically integrated network of hospitals, facilities, and doctors that members can access through Employers Health Network (EHN).
DFW SmartCare delivers a transparent, all-inclusive model that offers predictable costs through a level-funded plan with no additional risk for employers and significantly lower premiums than mainstream fully-insured programs. The program also offers financial security with stop loss coverage to protect plans from catastrophic claims.
In addition to a comprehensive health benefits plan, DFW SmartCare boasts a superior member experience through its Concierge Advisor Team who works to guide members and help them navigate their healthcare journey every step of the way.
This new health plan designed especially for the DFW Metroplex is a perfect example of how HealthSmart approaches our organizational mission of reducing costs for plan sponsors and delivering premium healthcare solutions to our members, This program demonstrates an innovative approach to help plan sponsors in North Texas control their health benefit costs by providing deeply discounted access to the BSWQA clinically integrated network through EHN.This is big news for DFW small and medium employer groups and DFW SmartCare is truly a game-changer for our broker community in terms of providing quality healthcare options with deep discounts."
Craig Julien, CEO for HealthSmart.
Plan sponsors typically must work with several players to build their health plans, By bringing together experts in the areas of most concern to small and mid-sized plan sponsors, we have created a one-stop solution that offers a top-quality, focused provider network, critical stop loss coverage, and comprehensive third-party administration services, relieving area health plan sponsors of the burden of shopping for these services individually."
Omar Haedo, president of Elan Insurance Group
HealthSmart is one of the largest third party administrators in the country and the premier provider of innovative, customizable and scalable healthcare solutions for employers, brokers and payers. We partner with plan sponsors to provide key services needed to reduce healthcare costs and manage members with dignity and respect. HealthSmart is the one-stop source for health plan needs, including health plan benefit administration, pharmacy benefit management, care management and wellness programs and provider networks.
Woodruff Sawyer | January 28, 2022
Woodruff Sawyer, one of the largest independent insurance brokerages in the US, today announced Ryan Meissner has been promoted to Vice President, SoCal Employee Benefits Practice Leader. Prior to his promotion, Ryan served four years as the Vice President of Data Analytics for Woodruff Sawyer.
Previous to his roles at Woodruff Sawyer, Ryan held underwriting positions at Burnham Benefits and UnitedHealth Group.
As Southern California Employee Benefits Practice Leader, Ryan plans to focus on "making clients' lives easier" through better analytics tools, automation, and continuing the focus on employee needs as well as those of our HR clients.
"Ryan has been a substantial contributor to the Employee Benefits Practice since he joined our firm four years ago. His client focus, financial and business acumen along with his ability to improve outcomes for how we serve clients and address client solutions makes him the right person to lead our SoCal Employee Benefits Practice. We're looking forward to seeing his positive impact on our business."
-Kathy Prosser, Woodruff Sawyer Senior Vice President and National Employee Benefits Practice Leader
About Woodruff Sawyer
As one of the largest insurance brokerage and consulting firms in the US, Woodruff Sawyer protects the people and assets of more than 4,000 companies. We provide expert counsel and fierce advocacy to protect clients against their most critical risks in property & casualty, management liability, cyber liability, employee benefits, and personal wealth management. An active partner of Assurex Global and International Benefits Network, we provide expertise and customized solutions where clients need it, with headquarters in San Francisco, offices throughout the US, and global reach on six continents.