Deal expands group’s Midwest presence
The Hilb Group has expanded its worker advantages presence within the Midwest area by way of an acquisition.
In its announcement, the Virginia-headquartered property & casualty and worker advantages insurance coverage brokerage and advisory agency stated it acquired an worker advantages ebook of enterprise in Illinois.
The transaction, monetary phrases of which weren’t disclosed, took impact firstly of the month.
Latest acquisitions by the group embrace a Georgia-based worksite and voluntary advantages enterprise and a Tennessee-based voluntary advantages enrollment, advantages communication, and know-how consulting agency.
In January, Hilb Group appointed Amanda Hurt as vp for service relations and insurance coverage technique.
A portfolio firm of worldwide funding agency The Carlyle Group, Hilb Group seeks to develop by strategic acquisitions and by driving natural progress in its acquired businesses.
Working from greater than 125 places of work in 29 states, the corporate has accomplished over 165 acquisitions.
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