Hilb Group Grows Its Presence in the Tri-State Area with New Acquisition
Hilb Group Expands Operations in the Tri-State Region
The Hilb Group, a prominent player in the property and casualty insurance sector, has solidified its position within the Tri-State area by acquiring a New Jersey-based property and casualty firm, effective November 1, 2025. This strategic move marks a significant step in Hilb Group's ongoing efforts to expand its footprint across the region and to enhance its service offerings to clients.
Located in Richmond, Virginia, Hilb Group has a long-standing reputation as a leading insurance brokerage and advisory firm. With a focus on property and casualty insurance as well as employee benefits, the firm has continuously worked to grow through intelligent acquisitions, leveraging industry expertise and operational resources to drive organic growth. This acquisition is particularly noteworthy as it strengthens Hilb Group's existing operations in the highly competitive Tri-State market.
A Strategic Acquisition for Growth
The addition of the New Jersey firm is a calculated choice, allowing Hilb Group to tap into the local market's unique opportunities while further diversifying its portfolio. According to the company's assessment, this purchase aligns with their goals of expanding across multiple states, as well as enhancing the services available to current and potential clients in the region.
Hilb Group has proven its ability to grow strategically, having completed over 190 acquisitions to date, resulting in a robust network of more than 125 offices in 32 states. By prioritizing partnerships that complement its operational focus, Hilb Group continues to achieve significant growth in a rapidly evolving market.
Recognition and Growth
The Hilb Group's growth trajectory has not gone unnoticed. The firm has earned recognition as one of the fastest-growing insurance brokers, as cited by Business Insurance, and has also been ranked among the