Hilb Group Expands Market Reach with New Acquisition Success
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Expanding Horizons: Hilb Group's Strategic Acquisition
The Hilb Group has recently made headlines by acquiring a significant property and casualty book of business based in New England. This acquisition marks a strategic move aimed at broadening the company’s market presence in the region while reinforcing its commitment to increasing operational capabilities.
Strengthening Market Position Through Growth
This acquisition enables the Hilb Group to enhance its service offerings and solidify its space within the competitive market of New England. With this strategic endeavor, Hilb Group aims to tap into new opportunities and cater to a broader client base, addressing the diverse needs of policyholders in the area.
About Hilb Group
Hilb Group is recognized as a leading property and casualty and employee benefits insurance brokerage and advisory firm, operating across numerous states in the U.S. Headquartered in Richmond, Virginia, Hilb Group is committed to growth through strategic acquisitions and strong operational expertise. The firm has successfully completed more than 175 acquisitions and is proud to operate over 125 offices throughout 29 states.
Commitment to Excellence
As a portfolio company of The Carlyle Group, a global investment firm, Hilb Group strives for excellence and innovation within the insurance brokerage space. The company has been ranked among the Fastest Growing Brokers by Business Insurance and has repeatedly received accolades as one of America's Fastest Growing Private Companies by the Inc. 5000 list. These recognitions exemplify Hilb Group's dedication to quality service and customer satisfaction.
Operational Growth and Future Prospects
Looking forward, Hilb Group is poised to continue its growth trajectory by leveraging its resources to capitalize on new market trends. This acquisition is a testament to its strategy of pursuing organic growth while embracing technological advancements and innovative methods in the insurance sector. The focus remains on creating value not only for its clients but also for its partners and stakeholders.
Contact Information for Media Inquiries
For more information about Hilb Group’s latest developments or to discuss potential collaborations, individuals may reach out to: Peter Lobred at 804.548.4629 or Ryan Havermann at 804.414.6508 for M&A inquiries. Their dedicated teams are eager to provide assistance and foster new relationships.
Frequently Asked Questions
What is the significance of the acquisition for Hilb Group?
The acquisition allows Hilb Group to expand its market presence in New England, enhancing service capabilities and reaching more clients.
How many acquisitions has Hilb Group completed?
Hilb Group has successfully completed over 175 acquisitions as part of its growth strategy.
Where is Hilb Group headquartered?
Hilb Group is headquartered in Richmond, Virginia, where it manages operations for its various offices.
What type of services does Hilb Group offer?
Hilb Group provides property and casualty insurance brokerage and employee benefits advisory services.
Who can be contacted for media inquiries regarding Hilb Group?
Media inquiries can be directed to Peter Lobred at 804.548.4629 or Ryan Havermann at 804.414.6508 for M&A inquiries.
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