Hilb Group Expands Its Southeast Operations with New Acquisition of Retirement Plan Business

Hilb Group's Strategic Expansion in the Southeast

In a significant move to enhance its market presence, the Hilb Group has announced the acquisition of a retirement plan book of business based in South Carolina. This acquisition, effective July 1, 2025, marks a substantial expansion of the company’s operations in the Southeast region.

About Hilb Group

The Hilb Group, headquartered in Richmond, Virginia, is recognized as a leading brokerage and advisory firm specializing in property and casualty insurance, as well as employee benefits. Over the years, the company has established itself as a prominent player in the industry, driven by strategic acquisitions and a commitment to growth.

Having completed over 190 acquisitions, the Hilb Group operates more than 125 offices across 32 states, showcasing an impressive growth trajectory. Notable accolades include recognition as one of the fastest-growing brokers by Business Insurance, and being listed among the top agencies by Insurance Journal and Inc. 5000, emphasizing its status in the business landscape.

Significance of the Acquisition

The recent acquisition of the retirement plan business not only expands Hilb Group's offerings but also reinforces its footprint in the Southeast market. This strategic move aligns with the company's objective to leverage its resources and expertise to foster organic growth within its acquired agencies. With the increasing demand for comprehensive retirement planning services, this acquisition positions Hilb Group favorably to cater to a larger client base, ensuring they can provide essential services that align with industry standards.

The Future Ahead

Looking forward, the Hilb Group plans to utilize this acquisition as a linchpin for further regional growth and enhancement of service offerings. By integrating the newly acquired business into its existing framework, the company aims to create synergies that will lead to greater efficiencies and improved client service.

The Hilb Group remains committed to its vision of growth through acquisitions and is actively seeking opportunities that align with its strategic goals. The current acquisition exemplifies this approach, reflecting a robust strategy for penetrating new markets and enhancing their service portfolio.

Additionally, the firm encourages potential partners and agencies to explore opportunities for collaboration, emphasizing its openness to strategic alliances that can facilitate mutual growth.

Conclusion

As the Hilb Group continues to expand its operations and service offerings, the recent acquisition sets the stage for a promising future in the competitive landscape of insurance and retirement planning. With a focus on strategic growth and client-centric services, Hilb Group is poised to become an even more formidable player in the industry, ready to meet the evolving needs of its customers across the Southeast and beyond.

To learn more about the Hilb Group’s growth strategies and available career opportunities, visit their official website at hilbgroup.com.