Hub International Limited (Hub), a global insurance brokerage, has acquired the assets of M.B.I. Group, LLC. Terms of the transaction were not disclosed.
M.B.I. Group is an independent insurance firm based in Flowood, Mississippi, offering personal insurance products, including real estate, auto, umbrella and life insurance products.
Michael Bishop, president and sole owner of M.B.I. Group, will join Hub Gulf South. Bishop will report to Shaun Norris, president of Hub Gulf South.
Headquartered in Chicago, Illinois, Hub International Limited is a leading full-service global insurance broker providing property and casualty, life and health, employee benefits, investment and risk management products and services.
Was this article valuable?
Here are more articles you may enjoy.
Powerful El Niño Nears Record Strength, US Forecasters Say 
Viewpoint: Reinsurance Market to Experience Further Softening, M&A on Ample Capacity 
25 Years Later: IJ’s Past and Continued Coverage of the Insurance Impact of 9/11 
Aon Acquires USI Insurance From KKR in $17 Billion Deal Targeting Middle Market 
