Employee Benefit Services
Stage
Acquired | AcquiredAbout Employee Benefit Services
Employee Benefit Services is a third-party administrator (TPA) providing administration services and employee benefit plan design and solutions to employers throughout the Southeast. On January 19th, 2021, Employee Benefit Services was acquired by HUB International. Terms of the transaction were not disclosed.
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Latest Employee Benefit Services News
Jul 19, 2023
Established in 1970, the company reported $57m in gross written premiums (GWP) as of FY2022. Tokio Marine HCC specialises in medical stop loss, agriculture, professional liability, and directors’ & officers’ liability services. The business reported $7.36bn in GWP in FY2022. Tokio Marine HCC – Stop Loss Group president Jay Ritchie said: “Tokio Marine HCC – Stop Loss Group believes that MedPlus enhances our existing business, and we enthusiastically welcome Gulf Guaranty’s employees to the Tokio Marine HCC family.” Through the deal, which awaits regulatory clearance, Tokio Marine HCC looks to capitalise on the growth in the gap medical insurance space and diversify its business. Tokio Marine HCC CEO stated: “Group gap medical coverage is an attractive addition to Tokio Marine HCC’s large and diversified portfolio of speciality insurance products. This acquisition provides a complementary niche product to our first-class medical stop loss franchise.” Recently, Tokio Marine was in the news for appointing Goldman Sachs and Jefferies to divest its life insurance operations in Singapore, Thailand, Indonesia, and Malaysia. Share this article
Employee Benefit Services Frequently Asked Questions (FAQ)
Where is Employee Benefit Services's headquarters?
Employee Benefit Services's headquarters is located at Jackson.
What is Employee Benefit Services's latest funding round?
Employee Benefit Services's latest funding round is Acquired.
Who are the investors of Employee Benefit Services?
Investors of Employee Benefit Services include Hub International.
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