MHG Spotlight: Mark Bononi, Yacht Division

Posted March 3 2016

Mark Bononi - high resThe bottles are popping! The champagne is flowing! The confetti is falling! MHG is celebrating its 25th anniversary this year, which means it is time to get this party started!

MHG Insurance Brokers has been serving the marine industry, businesses, and groups and individuals around the world since 1991. Reaching this milestone is no small feat, and makes it a perfect time to look back and do some reflecting. What better way to do that than by giving some insight into the history of MHG and its employees?

A lot goes into a business lasting 25 years. Even more goes into a business experiencing success and continuing to grow during that time. While much of it can be attributed to a company’s philosophy, structure, and culture, a business is nothing without the people who execute that philosophy and help create a one of a kind culture. Here at MHG, we are an extremely diverse bunch. Many of us are from various countries, involved in several community organizations, and from different career backgrounds. It takes a special group of people to make insurance fun, which is why you should get to know us!

So, let’s get to know the Director of our Luxury Yacht Division, Mark Bononi!

Mark’s MHG Timeline

Mark has been with MHG for almost 11 years. Hired in June 2005, his first position at MHG was as Account Assistant in the Cruise Division. Within a few months, he transitioned to the same position in the Luxury Yacht Division. After proving to be a valuable member of the team by going above and beyond for clients, Mark was promoted to Director of the Luxury Yacht Division, which is the position he still holds today.

The Luxury Yacht Division has experienced a great deal of success under Mark’s leadership. Today, MHG insures 5 times as many yachts than when Mark originally took over several years ago. This includes over 20% of the top 200 largest yachts in the world!

Community Involvement

One of Mark’s many passions is community involvement. He is a regular volunteer at several charity and community events. We can also thank him for the Spin-a-thon, as he played a key role in helping organize the event which raises money for the Marine Industry Cares Foundation. Other organizations he continues to be involved with are Kids in Distress and Children’s Diagnostic and Treatment Center. His strong work ethic and his passion for charity and the community is one of the many reasons Mark is well respected in the marine industry and within local businesses.

Mark was elected to USSA board of directors as membership chairman and served 6 years. Other organizations he has been associated with include International Superyacht Society, Florida Yacht Brokers Association, Marine Industry Association of South Florida, and the Fort Lauderdale Mariners Club.


Mark is committed to customer service, and has continued to make sure clients receive the highest level of support. He is an amazing advocate for crew and is insistent on helping clients through claims. He also is passionate about educating on health insurance, which includes weekly appearances at yacht crew training schools.

To hear some insurance advice from some of our employees, read our previous blog, “If You Could Give One Piece of Advice to Your Clients, What Would it be?” MHG is here to help and provide assistance with all of your insurance needs. Whether you are looking for marine crew insurance, health insurance, life insurance, travel insurance, expatriate insurance or insurance for your business, we have the experience and knowledge to help you find the right policy. Please contact us at +1 954-828-1819 or +44 (0) 1624 678668 or visit us online at Let our insurance specialists find you, your family, or group, the best insurance available for your budget.