Hub International Limited has acquired the assets of Georgia-based Risk Point Consulting. The terms of the transaction were not disclosed.
Risk Point Consulting specializes in professional sports and college athletics contractual bonus coverage and over-redemption insurance. The Risk Point Consulting team has managed more than $1 billion in risk exposure during the company’s 15 years in business.
Risk Point Consulting’s focus will complement and strengthen the existing capabilities of Hub’s sports and entertainment specialty 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 entities and a specific focus on sports sponsors, professional athletes and college athletic departments allows it to help its clients achieve their unique goals,” said Shaun Norris, president of Hub Gulf South. “We are confident this acquisition will expand our sports and entertainment capabilities in the South.”