#United States #Massachusetts #Richmond #Hilb Group #Property and Casualty

Hilb Group Expands Its Reach in New England

The Hilb Group, a prominent insurance brokerage and advisory firm based in Richmond, Virginia, has announced a significant expansion in the New England market through the acquisition of a property and casualty business located in Massachusetts. This acquisition became effective on January 1, 2025, and marks an important milestone in the firm's ongoing efforts to strengthen its presence in this key region.

Founded with the goal of leveraging its resources and expertise to facilitate growth among its subsidiaries, the Hilb Group has positioned itself as a leader in the property and casualty arena, providing a spectrum of services that cater to both individual and commercial clients. The recent acquisition aligns with the company's strategic vision of continuing to enhance its offerings while expanding its geographic footprint.

Enhancing Client Services and Offerings

With this acquisition, the Hilb Group aims to not only enhance its range of property and casualty insurance solutions but also deliver superior value to its clients in Massachusetts and beyond. The newly acquired firm brings with it a rich portfolio of clients, which will seamlessly integrate into the Hilb Group's operational framework. This integration will allow clients to benefit from the combined expertise and resources of both organizations, fostering an environment conducive to high-quality service delivery.

As the Hilb Group continues to grow, it remains committed to maintaining the highest standards of client service—providing tailored insurance solutions that meet the unique needs of each customer. The addition of this Massachusetts-based business exemplifies the company's dedication to enhancing its service capabilities by acquiring firms that share a similar vision and service ethos.

A Track Record of Growth and Success

The Hilb Group has been recognized multiple times for its remarkable growth trajectory. Notably, the company has completed over 180 acquisitions, operating more than 125 offices across 30 states. Its successful expansion strategy has earned it accolades such as being rated as one of the Fastest Growing Brokers by Business Insurance and one of America’s Fastest Growing Private Companies by Inc. 5000.

Furthermore, the firm's affiliation with The Carlyle Group, a globally renowned investment firm, has significantly bolstered its financial standing and operational capacity. This backing provides the Hilb Group with the necessary resources to pursue ambitious growth plans and refines its investment strategies in the property and casualty market.

Future Prospects

Looking ahead, the Hilb Group is strategically positioned to further augment its market share in New England and other regions across the United States. The combination of targeted acquisitions and organic growth strategies will pave the way for the company to remain competitive in a robust market. By continuously evaluating potential acquisitions and aligning them with strategic goals, the Hilb Group plans to broaden its scope and offer enriched services to its discerning clientele.

In summary, the acquisition of the Massachusetts property and casualty firm underscores the Hilb Group's robust growth strategy and its commitment to delivering exceptional insurance services. The company is enthusiastic about embracing new opportunities that such strategic partnerships provide, reinforcing its position as a leading entity in the insurance sector. For those interested in exploring professional opportunities within the Hilb Group or learning more about its expansive services, additional information can be found on their official website.

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For media inquiries, please contact:

Peter Lobred
Phone: 804-548-4629
Email: plobred@hilbgroup.com

Ryan Havermann
Phone: 804-414-6508
Email: rhavermann@hilbgroup.com

Visit HilbGroup.com for more details.