US insurance brokerage and consulting firm NFP has acquired Hutch Hubby & Associates, an employee benefits firm based in Austin, Texas.
The financial details of the deal were not disclosed.
Hutch Hubby & Associates marks NFP’s third acquisition in central Texas this year.
Kevin Brown – NFP central Texas practice managing director said: “Hutch Hubby & Associates has built an excellent reputation in the Austin area by providing employers across industries with benefits expertise and solutions. We’re honored and excited to add Hutch to the team and continue to expand our footprint in central Texas.”
L. Hutch Hubby, the principal of Hutch Hubby & Associates, has joined NFP as vice president, and will report to Kevin Brown.
L. Hutch Hubby said: ”NFP’s reputation and commitment to people, innovation and high-quality solutions were key factors in my decision to join NFP. I am thrilled to enhance the expertise and service delivered to clients and to be a part of the NFP team.”
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