Hub International Limited (Hub), a leading global insurance brokerage, announced today that it has acquired the assets of Pinnacle Financial Group and Pinnacle Insurance Agency (Pinnacle). Terms of the acquisition were not disclosed.
Based in Greater Boston, Pinnacle specializes in providing sophisticated life insurance solutions and services to family offices, ultra-affluent families and middle market and large market companies. Michael Mingolelli, Jr., Pinnacle’s CEO, will join Hub New England and report to Charles Brophy, President and CEO, Hub New England.
“We are delighted to have Michael and his partners David Hauptman, Ken Masters and Marc Mingolelli of Pinnacle join Hub New England. Pinnacle is recognized nationally and throughout New England for its expertise in private placement, estate planning and corporate-owned life insurance, and its staff of seasoned professionals will be a welcome addition to our organization. We are looking forward to expanding Pinnacle’s successful platform throughout our region,” said Brophy.
About Hub’s M&A Activities
Hub International Limited is committed to growing organically and through acquisitions to expand its geographic footprint and strengthen industry and product expertise. For more information on the Hub M&A experience, visit WeAreHub.com.
About Hub International
Headquartered in Chicago, IL, Hub International Limited is a leading global insurance brokerage that provides property and casualty, life and health, employee benefits, investment and risk management products and services from offices located throughout North America. For more information, please visit hubinternational.com.