Hub Acquires Miniter Group, a Lending Risk Insurance Specialist in Massachusetts

Global insurance broker HUB International Ltd. has acquired the assets of James L. Miniter Insurance Agency, Inc.

Located in Rockland, Massachusetts, Miniter Group is a provider of lending risk products and services in the banking space, including outsourced insurance tracking services, lender placed insurance, mortgage impairment, vendor’s single interest (VSI) and guaranteed asset protection (GAP) insurance. The agency’s industry focus complements Hub’s Financial Institutions Specialty practice.

Terms of the transaction were not disclosed.

“The resources within Hub will allow our combined organization the opportunity to scale our technology as well as enhance our level of client services. We are excited to continue to grow as part of Hub,” said Jim Gilpin, executive vice president of Miniter Group.

Headquartered in Chicago, Illinois, Hub International has more than 14,000 employees in offices located throughout North America,