OneBeacon completed the acquisition of International Bond & Marine Brokerage.

OneBeacon Insurance Group, a provider of insurance services, completed the acquisition of International Bond & Marine Brokerage, a privately held brokerage specializing in the international trade markets. Financial terms were not disclosed. "We are excited to welcome IB&M to the OneBeacon and Intact family. Their deep focus on international trade customers and ability to provide risk management solutions spanning customs bonds, cargo, liability and other important insurance coverages speaks to their expertise and track record. We look forward to a seamless transition for all affected brokers and their clients," Mike Seff, OneBeacon Head of Surety North America.