Hub International Limited has acquired the assets of Risk Point Consulting, based in Georgia. The terms of the transaction were not disclosed.
Risk Point Consulting specializes in contractual bonus coverage and redemption insurance for professional sports and college athletics. The Risk Point Consulting team has managed more than $ 1 billion in risk in the company’s 15 years of operation.
Risk Point Consulting’s focus will complement and strengthen the existing capabilities of Hub’s sports and entertainment specialist practice. Michael Wright, President of Risk Point Consulting, and his team will join the Hub Gulf South region.
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“Risk Point Consulting’s deep experience with all sports companies and its special focus on sports sponsors, professional athletes and college sports departments enable its clients to achieve their unique goals,” said Shaun Norris, President of Hub Gulf South. “We are confident that this acquisition will expand our sports and entertainment capabilities in the south.”