Hub International Ltd. said Tuesday it has acquired Peel & Holland Holdings Inc.; Peel & Holland Inc.; Riddle Insurance LLC; Hartin Dynamics LLC; and Bluegrass Premium Finance LLC, all collectively known as Peel & Holland.
Terms of the transaction were not disclosed.
Benton, Kentucky-based Peel & Holland has six additional locations and provides property/casualty insurance, surety and bond, family insurance and employee benefits with a focus on the public utility, marine, construction and healthcare sectors, it said in a statement.
Peel & Holland employees, including company leaders Roy Riley, President and CEO; Keith Riley, senior vice president; Skip McGaw, President of Riddle Insurance LLC; and Kelly Harding, Vice President; will join Hub Mid-South, according to the statement. According to its website, Peel & Holland has approximately 50 employees.
Hub is the ninth̵1;largest broker of American business, according to the latest Business insurance ranking.