Hub International Ltd. has acquired the assets of mid-market broker FieldEddy Inc. and its Your Choice Insurance Agency Inc. subsidiary.
Terms of the deal were not disclosed.
East Longmeadow, Massachusetts-based FieldEddy, a full-service property/casualty, personal lines and employee benefits brokerage, will become part of Hub International New England, Chicago-based Hub said in a statement.
Both FieldEddy CEO Samuel Hanmer and President Timm Marini will join Hub New England's executive leadership team and report to Charles Brophy, president and CEO of Hub New England, according to the statement.
“FieldEddy is a talented group of producers with a great local market reputation that gives Hub New England a strong foothold in central and western Massachusetts,” Mr. Brophy said in the statement.
Hub New England now has 22 offices and nearly 500 employees throughout Massachusetts, New Hampshire and Rhode Island, according to the statement.
Hub International is the ninth-largest insurance broker in the world, according to Business Insurance's latest ranking.
Hub International Ltd. on Monday said it has acquired the shares of Gibson's Insurance Agency Ltd., a Manitoba, Canada-based commercial insurance brokerage, expanding its reach into Canada.