Global insurance broker HUB International Ltd. acquired the assets of James L. Miniter Insurance Agency, Inc.
Headquartered in Rockland, Massachusetts, Miniter Group is a provider of loan risk products and services to the banking industry, including outsourced insurance aftercare services, lender-placed insurance, mortgage depreciation, insurance one-time seller interest (VSI) and guaranteed asset protection insurance (GAP). The agency’s industry focus complements Hub’s specialized financial institutions practice.
Terms of the transaction were not disclosed.
“The resources within Hub will enable our combined organization to evolve our technology and improve our level of customer services. We are excited to continue to grow within Hub,” said Jim Gilpin, Executive Vice President of Miniter Group.
Based in Chicago, Illinois, Hub International has more than 14,000 employees in offices located across North America,
Topics
Mergers and Acquisitions Massachusetts
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