INDIANAPOLIS, August 2, 2021 – Hylant has acquired Cobalt Benefits, Inc., expanding the firm’s employee benefits services in the Elkhart, Mishawaka and South Bend communities, Hylant announced Monday.
Cobalt Benefits, a boutique agency serving the Elkhart community for almost 20 years, specializes in self-funding and partial self-funding, along with traditional medical, dental, vision, life and disability brokerage services. By joining forces with Hylant, services for clients are now expanded to include property and casualty, M&A, captive solutions, cybersecurity solutions, and personal insurance.
“I’m very excited to become a part of the Hylant family,” said Mary Whitt, owner and president of Cobalt Benefits. “Providing one-of-a-kind services to the Elkhart community has been a crux of Cobalt Benefits’ foundation. Joining Hylant will allow us to continue to provide that personal service with a deeper pocket of resources.”
Hylant is one of the largest privately owned insurance brokerage firms in the nation. Since 1935, the company has been committed to helping businesses and individuals protect the things that matter most to them.
“We are committed to providing the best service to our clients and supporting the communities where we live and work,” said Clay Jennings, regional partnership leader for Hylant Indiana. “We are impressed with the caliber of service Cobalt has provided clients, and we are excited to strengthen the pool of talent who can apply their expertise to provide insurance and business solutions facing organizations in the Elkhart, Mishawaka and South Bend communities.”
This newest acquisition, part of Hylant’s robust growth goals, expands the Indiana footprint. Hylant has plans to add more employees to the Indiana teams, with recruits in sales, client service, claims, captive services and mergers and acquisitions.
The new Elkhart location will have a dedicated team of experts, including Whitt and a committed client service team. The team will continue to provide the personal touch of a local broker with access to the depth and breadth of Hylant experts.
For questions, please contact Clay Jennings at email@example.com.