MBS Insurance has acquired the life insurance arm of Honan Insurance Group. The deal adds four partners, including three risk specialists, to MBS Insurance’s team.
Former Head of Honan Life, Katherine Beards, and risk specialists, Peter Blassis, Tyler Scarce, and Garth McLardie, have joined MBS Insurance.
Under the arrangement, MBS Insurance will also take on a number of Honan Life Insurance’s joint venture partnerships and referral relationships, with the life business falling under the MBS Advice license.
Drew Burden, Partner and Co-CEO at MBS Insurance, said his firm is focused on growing and partnering with advisers.
“Our value proposition and advice capabilities have been built and refined over the past 20 years and we are strongly positioned to continue supporting advice firms to achieve their goals and objectives. ”
