Pacific Prime completed the acquisition MIT Insurance Brokers.

Pacific Prime, a global insurance brokerage firm, completed the acquisition MIT Insurance Brokers, Malaysia’s insurance brokerage firm specializing in risk management, insurance, and reinsurance. Financial terms were not disclosed. “Malaysia is an exciting country for us to expand our operations. With the integration of MIT Insurance Brokers, we’ll bring together a team of established and experienced personnel to provide innovative and strategic solutions both within and outside of the region. This is of utmost importance in light of the numerous global regulatory and technological changes taking place,” Neil Raymond, Pacific Prime CEO.