Hilb Group's Strategic Acquisition Enhances Market Position
Hilb Group's New Strategic Steps in the Southeast
The Hilb Group has made significant strides in enhancing its market presence by acquiring a retirement plan book of business based in South Carolina. This acquisition signifies the firm's commitment to expanding its offerings within its Southeast operations.
Enhancing Market Offerings
By acquiring this South Carolina-based business, the Hilb Group is not only growing its client portfolio but also enhancing the array of services it can provide. This strategic move reflects the company’s dedication to meeting the evolving needs of its clients in the retirement planning space.
Focus on Growth Through Acquisition
Founded in Richmond, Virginia, The Hilb Group operates as a prominent player in the property and casualty and employee benefits insurance sectors. Its approach centers around strategic acquisitions that allow it to leverage expert knowledge and resources to bolster organic growth within acquired firms.
Achievements and Recognition
The Hilb Group stands out in the industry for its impressive record, having completed over 190 acquisitions, and operates from more than 125 offices across 32 states. This growth trajectory has earned the company accolades from notable industry publications, including recognition as one of the Fastest Growing Brokers by Business Insurance and as a Top P/C Agency by Insurance Journal.
Future Expansion Plans
Looking ahead, the Hilb Group is poised to continue its ambitious expansion strategy. By integrating new businesses, they aim to bolster their market competitiveness and enhance service delivery across a broader geographic footprint.
About The Hilb Group
The Hilb Group is more than just a brokerage firm; it's a forward-thinking institution that focuses on providing tailored insurance solutions to clients. Being a portfolio company of The Carlyle Group, it has the backing of a global investment firm, which further strengthens its operational capabilities.
Career Opportunities
As the company continues to grow, it also seeks talented individuals who are eager to join a dynamic and expanding firm. The Hilb Group encourages potential employees to explore career opportunities that align with their professional aspirations.
Frequently Asked Questions
What was the recent acquisition by the Hilb Group?
The Hilb Group recently acquired a retirement plan book of business located in South Carolina as part of its expansion efforts in the Southeast.
Where is the Hilb Group headquartered?
The Hilb Group is based in Richmond, Virginia, where it coordinates its operations and strategic initiatives.
How many acquisitions has the Hilb Group completed?
As of now, the Hilb Group has completed over 190 acquisitions across various regions, showcasing its commitment to growth.
What services does the Hilb Group provide?
The Hilb Group operates in property and casualty insurance as well as employee benefits brokerage, offering tailored solutions to its clients.
Is the Hilb Group known for any industry recognitions?
Yes, they have been recognized as one of the Fastest Growing Brokers by Business Insurance and have received accolades as a Top P/C Agency by Insurance Journal.
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