Global insurance broker Hub International 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.
Brophy said: “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.”