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Hub continues M&A spree

World brokerage Hub World Restricted has introduced that it has bought the property of Montana-based Glacier Insurance coverage of Libby. The phrases of the transaction weren’t disclosed.

Glacier Insurance coverage of Libby is a full-service impartial company that gives industrial and private insurance coverage to purchasers in Montana, Idaho and Washington state. Company homeowners Kevin Peck and Kim Peck and their staff will sign up for Hub Mountain.

The purchase expands Hub’s non-public and industrial insurance coverage features.

“We’re excited to have Kevin, Kim and their staff sign up for Hub,” mentioned Brent Irving, president and CEO of Hub Mountain. “They’ll be offering first-rate wisdom and customized provider as we glance to keep growing and supply vital worth for purchasers within the area.”

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“Becoming a member of Hub provides us get entry to to further sources and features in order that we will proceed to give you the absolute best high quality of provider to our purchasers,” mentioned Kevin Peck. “We consider the bigger variety of studies will supply an overly horny mixture for our purchasers.”

The purchase is the most recent in Hub’s M&A spree. Previous this month, the corporate snapped up Louisiana-based Dwight W. Andrus Insurance coverage. In January, it bought Michigan-headquartered Grace & Porta Advantages.

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