Acquiring Company
Pacific Prime
Acquired Company
MIT Insurance Brokers Sdn Bhd
Petaling JayaFinancial ServicesEmployee BenefitsInsuranceEmployee BenefitsConsultingRisk ManagementInsuranceDescription
Pacific Prime has completed the full acquisition of MIT Insurance Brokers Sdn Bhd, a leading insurance brokerage firm in Malaysia, with a focus on risk management, insurance, and reinsurance. This acquisition enables Pacific Prime to expand its operations within the region and provide innovative and strategic insurance solutions. MIT Insurance Brokers will operate as part of Pacific Prime Consultants Malaysia, further enhancing its localized products and benefits administration within the region.
Quick answer
Pacific Prime is acquiring MIT Insurance Brokers Sdn Bhd, announced February 7, 2024.
- How much did Pacific Prime pay for MIT Insurance Brokers Sdn Bhd?
- The deal value was not disclosed.
- What does Pacific Prime do?
- Pacific Prime was founded in 2000 by Neil Raymond to simplify insurance for international clients looking for health insurance coverage.
- Where are Pacific Prime and MIT Insurance Brokers Sdn Bhd based?
- MIT Insurance Brokers Sdn Bhd is based in Petaling Jaya, Selangor, Malaysia.
Source: Fundz verified event record.
Other recent acquisitions in Financial Services and Employee Benefits
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- Amwins to Acquire Connected Risk Solutions, LLC from BRP Group, Inc. (March 1, 2024)
- Arthur J. Gallagher & Co. Acquires The John Galt Insurance Agency (February 5, 2024)
- Arthur J. Gallagher & Co. Acquires Horak Insurance, Inc. (January 30, 2024)
- Arthur J. Gallagher & Co. Acquires The Rowley Agency, LLC (January 18, 2024)
- Arthur J. Gallagher & Co. Acquires Mcmm Services Limited (January 11, 2024)
- Arthur J. Gallagher & Co. Acquires Köberich Financial Lines (January 8, 2024)
Who to call at Pacific Prime, and when
When Pacific Prime changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Pacific Prime raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Pacific Prime, from your own LinkedIn network
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Frequently asked
Who acquired MIT Insurance Brokers Sdn Bhd?
MIT Insurance Brokers Sdn Bhd was acquired by Pacific Prime. The deal was reported on February 7, 2024. Pacific Prime was founded in 2000 by Neil Raymond to simplify insurance for international clients looking for health insurance coverage. Pacific Prime is privately held and operates in Financial Services.
When did Pacific Prime acquire MIT Insurance Brokers Sdn Bhd?
Pacific Prime's acquisition of MIT Insurance Brokers Sdn Bhd was reported on February 7, 2024. Pacific Prime has completed the full acquisition of MIT Insurance Brokers Sdn Bhd, a leading insurance brokerage firm in Malaysia, with a focus on risk management, insurance, and reinsurance. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does MIT Insurance Brokers Sdn Bhd do?
MIT is a home-grown enterprise and has evolved through the passage of time to be a market player of substance with the resources and ability to deliver quality insurance solutions. It is privately held, operating in Employee Benefits, and is based in Petaling Jaya.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
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