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Hub acquires Georgia-based specialties broker

Hub M&A

Hub International Ltd. on Wednesday said it has acquired Chatham Insurance Partners LLC.

Terms of the transaction were not disclosed.

Savannah, Georgia-based broker Chatham focuses on specialties including hospitality, medical offices, professional liability, contractors, manufacturing, international and property, according to its website.

The firm was founded in 2019 through the merger of four agencies — Jerry Beets & Associates; Coastal Insurance Partners; Lee, Hill & Rowe Insurors; and Thomas J. Sheehan Insurance — according to Chatham’s website.

The Chatham team, including Managing Partner Greg Sedlock, Jay Rowe, Eric Horton, Hurley Ryan, Tim Blanco and Jamie Hamrick, will join Hub Gulf South, the statement said.

Hub is the seventh-largest broker of U.S. business, according to Business Insurance’s most recent ranking.