Hub snaps up Delaware agency

Hub snaps up Delaware agency | Insurance Business America

Hub snaps up Delaware agency

Global broker Hub International Limited has announced that it has acquired Delaware-based KT&D, Inc. The terms of the transaction were not disclosed.

KT&D, Inc. provides multi-line insurance, including medical malpractice, commercial and personal, and employee benefits. The agency’s expertise in healthcare supports Hub’s specialty practice by complementing and strengthening its existing capabilities.

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Scott Yerkes, CEO of KT&D, and Kelly McGovern, KT&D president, and their team will join Hub Mid-Atlantic.

The deal is the latest in Hub’s continuing string of acquisitions. Last week, the company announced that it had acquired Louisiana-based Bubrig Insurance Agency.