Hilb Group Enhances Mid-Atlantic Market Presence
Hilb Group has made a significant move by acquiring a Virginia-based full service insurance agency. This acquisition enhances the company's offerings in property and casualty, as well as employee benefits. Effective from the beginning of the year, this strategic decision strengthens Hilb Group's presence and service capabilities across the Mid-Atlantic region.
Building a Stronger Foundation
As a leading insurance brokerage and advisory firm, Hilb Group is headquartered in Richmond, Virginia. Its impressive portfolio includes over 190 acquisitions and more than 125 offices distributed across 32 states. This latest acquisition aligns with the company’s mission of sustained growth through strategic expansion and leveraging its extensive resources.
About Hilb Group
Hilb Group is dedicated to enhancing the insurance brokerage landscape by providing excellent property and casualty services alongside comprehensive employee benefits solutions. The firm is recognized among the fastest growing brokers by esteemed publications in the industry.
Growth through Strategic Acquisitions
The company continues to evolve under the guidance of The Carlyle Group, a global investment giant that supports Hilb Group's growth initiatives. With a focus on organic growth and ongoing acquisitions, Hilb Group aims to maintain its momentum and offer clients unparalleled service and expertise.
Recognition in the Industry
Hilb Group's reputation as one of America’s Fastest Growing Private Companies underscores its successful growth strategy. Its accolades, including being named a Top P/C Agency by Insurance Journal, reflect the commitment to excellence that motivates the entire team.
Commitment to Client Success
The focus of Hilb Group on client satisfaction drives its initiatives. By expanding its footprint in the Mid-Atlantic, the company is poised to deliver enhanced services tailored to the unique needs of its clients, ensuring they receive the best coverage options available.
Future Outlook
The future looks bright for Hilb Group as it continues to assess new opportunities for growth and expansion. The commitment to acquiring well-established agencies will enable the firm to cater to a broader client base while maintaining quality service standards.
Frequently Asked Questions
What services does Hilb Group offer?
Hilb Group provides property and casualty insurance as well as employee benefits through its extensive network.
Where is Hilb Group headquartered?
Hilb Group is based in Richmond, Virginia, and operates across the Mid-Atlantic region and beyond.
How many acquisitions has Hilb Group completed?
The company has completed over 190 acquisitions, enhancing its market position and service offerings.
What are some accolades received by Hilb Group?
Hilb Group is recognized as one of the Fastest Growing Brokers and is rated a Top P/C Agency by Insurance Journal.
Who can I contact for more information about Hilb Group?
For inquiries, media contacts include Peter Lobred at 804.548.4629 and Ryan Havermann for M&A at 804.414.6508.
