Acquisition Footprint CBIS was acquired by Hub International in January 2023, signaling a consolidation move that may open cross-sell opportunities for Hub’s extensive client base in property and casualty, employee benefits, and risk management solutions.

Diversity & Compliance As a WBENC certified firm offering diversity spend services along with HR and legal compliance support, CBIS represents a pathway to expand Hub International’s diversity-focused client initiatives and regulatory advisory offerings.

Multi-State Presence Operating in over 30 states with a broad portfolio including risk management, employee benefits, and personal lines, there is potential to leverage Hub’s national network to scale benefits programs and P&C coverage for mid-market and large clients.

Digital & Enrollments CBIS emphasizes an online enrollment system and HR/legal assistance, suggesting opportunities to upsell or integrate with Hub’s digital benefits administration platforms and analytics capabilities.

Small Firm, Big Potential With a small employee base yet revenue in the lower mid-market range, CBIS could be an ideal target for Hub to consolidate as a regional hub for SMB clients, offering bundled risk, benefits, and insurance services to grow wallet share.