Hub acquires Kentucky-based brokerage

Hub International Ltd. said 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 bonding, family insurance and employee benefits plans with a focus on the public entity, marine, construction and health care sectors, a statement said.

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. Peel & Holland has approximately 90 employees, according to a Hub spokeswoman.

Hub is the ninth-largest broker of U.S. business, according to the most recent Business Insurance rankings.