Hub Buys Delaware’s KT&D

Insurance broker Hub International Limited has acquired KT&D, Inc. in Wilmington, Delaware.

Terms of the transaction were not disclosed.

KT&D provides multi-line insurance services, including medical malpractice, commercial and personal, and employee benefits coverage.

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

Hub said KT&D’s expertise in healthcare supports and complements Hub’s specialty practice.