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Hub acquires specialty benefits broker

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Hub International Ltd. said Tuesday that it has acquired the assets of BenefitsMart L.L.C.

Terms of the acquisition were not disclosed.

Wilmington, Massachusetts-based BenefitsMart provides employee benefits, insurance, compliance, wellness, and benefits administration, Hub said in a statement.

Jean Russell, the founder and president of BenefitsMart will join Hub. BenefitsMart will operate under a co-branded name, according to a Hub spokeswoman.