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.
Mississippi Supreme Court Won’t Budge on $15M Bad-Faith Decision Against USAA 
AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry 
An Unsustainable Trend – Declining P/C Rates and Rising Cost of Risk: Marsh’s Doyle 
Homeowners Facing Big Deductibles? Mission Says it Has a Buyback Plan for That 
