Regional insurance broker buys benefits firm

Hylant adds two industry veterans to local leadership group

Regional insurance brokerage Hylant has acquired a Brentwood-based firm specializing in employee benefits and brought on board that venture’s principals.

Hylant, which is headquartered in Ohio, has snapped up Benefit Consulting Alliance and an affiliated company, Benefit Outsourcing Group. Kim Riley, the former First Horizon Insurance executive who now leads Hylant’s local office, said the move will let her team add to its range of services. The acquisition, she added, “also demonstrates our commitment to the Nashville market and the need for employee benefit consulting expertise.”

BCA and BOG are run by Wayne Emery (on left in our photo) and John Maple. Emery has been a partner at BCA since 2001 and serves on the Broker Advisory Council for Aetna and United Healthcare. Maple is executive vice president at BCA and a partner at BOG with nearly 30 years of experience.

“This merger allows BCA/BOG to develop and grow our service model for our clients with greater access to resources that are required in today’s challenging environment of healthcare reform,” Emery said.