Hilb Group Strengthens Its Presence with Agency Acquisition
Hilb Group Strengthens Its Presence with Agency Acquisition
The Hilb Group has made a significant move by acquiring a full-service insurance agency based in Florida. This acquisition marks a strategic expansion of the company's product and service offerings in the region, demonstrating Hilb Group's ongoing commitment to growth and innovation within the insurance industry.
Strategic Expansion Through Acquisition
This latest acquisition, effective from the beginning of July 2025, allows the Hilb Group to enhance its market reach and capabilities. By integrating the expertise of the new agency, the Hilb Group aims to provide an even more extensive range of insurance solutions tailored to meet the diverse needs of clients in Florida. With this expansion, Hilb Group strengthens its commitment to delivering comprehensive and adaptive insurance services.
A Legacy of Growth and Success
Founded in Richmond, Virginia, the Hilb Group has established itself as a leading property and casualty and employee benefits insurance brokerage. The company has built a reputation not only for its strong performance in the industry but also for its consistent growth model. Hilb Group is a proud portfolio company of The Carlyle Group, which is one of the world's most reputable investment firms.
Throughout its journey, the Hilb Group has successfully completed more than 190 acquisitions, leading to over 125 offices spread across 32 states. This growth trajectory affirms the company's strategic vision to expand through both mergers and acquisitions, as well as leveraging its resources and expertise to foster organic growth in its acquired agencies.
Acknowledgements and Future Outlook
Hilb Group's exceptional growth has not gone unnoticed in the industry. The company has been recognized as one of the Fastest Growing Brokers by Business Insurance and is listed among the Top Property and Casualty Agencies by Insurance Journal. Additionally, it has earned commendation as one of America's Fastest Growing Private Companies in the Inc. 5000 list.
This continuous recognition reflects Hilb Group's unwavering dedication to excellence and innovation in the insurance sector. As it advances, the company remains focused on creating value for its clients and exploring new opportunities that align with its growth goals.
Opportunities at Hilb Group
With its meticulously curated strategies, Hilb Group not only seeks to expand its clientele but also encourages individuals to consider career opportunities within the organization. The convergence of various talents and expertise at Hilb Group creates a vibrant workplace that thrives on collaboration and shared success.
Frequently Asked Questions
1. What type of agency did Hilb Group acquire?
Hilb Group acquired a full-service insurance agency based in Florida to enhance its product offerings.
2. When did the acquisition take effect?
The acquisition became effective on July 1, 2025.
3. Where is Hilb Group headquartered?
Hilb Group is headquartered in Richmond, Virginia.
4. How many acquisitions has Hilb Group completed?
Hilb Group has completed over 190 acquisitions to date.
5. What recognition has Hilb Group received in the industry?
The company has been recognized as one of the Fastest Growing Brokers and a Top Property and Casualty Agency.
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