Global broker Hub International Limited has acquired the assets of Bolds Risk & Insurance Services.
Bolds Risk, headquartered in Larkspur, Calif., provides commercial and personal insurance and risk management services.
As part of the transaction, Bolds Risk president Ron Bolds and the Bolds Risk team will join Hub Central and Northern California. The firm will be rebranded as Bolds Risk, a Hub International company.
“We are happy and look forward to having Ron join our team to further our services and offerings in Northern California,” said Darren Caesar, CEO of Hub Central and Northern California.
Terms of the transaction were not disclosed.
The deal is the latest in a string of acquisitions for Hub. Last week, the global broker announced that it had acquired London, Ontario-based Zavitz Insurance and Wealth. Last month, Hub snapped up Morin Insurance Agency, a New Hampshire-headquartered firm.
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