Global insurance brokerage and financial services firm Hub International Limited has acquired the assets of California-based Combined HCM – which includes Combined Benefits, Inc. Combined Commercial Insurance Services LLC and Combined Employer Services Inc.

A full-service human capital management brokerage in Diamond Bar, Combined HCM helps clients meet their human resources, recruiting, payroll, benefits, and business insurance requirements.

Under the deal, financial terms of which were not disclosed, Combined HCM CEO Donnie Wu (pictured), Vice President of Payroll Jonathan Chow, and the rest of the team will merge into Hub Los Angeles/Orange County (LAOC).

“With Hub, we will continue to grow,” Wu commented. “Hub has a truly robust platform of feature capabilities and resources to help us expand our services to meet the growing human capital and needs of our customers.”

From now on, Combined HCM will operate under the name Combined HCM, a subsidiary of Hub International.

“Combined HCM has great talent and a strong reputation in the region with an unwavering commitment to its clients and employees,” noted Andrew Forcelli, President of Hub LAOC. “They will help us continue to grow and provide our clients with innovative human capital solutions and high-quality products and services. We are excited to have them join the Hub.”

The acquisition of Combined HCM was announced one day after Hub announced its takeover of The Essex Agency publicly. Earlier this week, Hub said it had acquired the Vermont-based insurance agency to “significantly expand” the group’s expertise and offerings in the state.

“We look forward to elevating the level of services we provide to our clients and supporting the deep regional and national resource support for Essex agency clients – a real win for both the company’s employees and its clients,” said Sean McLaughlin, President of Hub New England. on time.

Headquartered in Illinois, Hub specializes in risk management, insurance, employee benefits, retirement, and wealth management products and services. The company employs more than 17,000 people across North America.

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