#United States #Richmond #New Hampshire #Hilb Group #Property Casualty

Hilb Group's Strategic Acquisition in New Hampshire

The Hilb Group, a prominent insurance brokerage and advisory firm based in Richmond, Virginia, has announced a significant strategic move that will enhance its service offerings across New England. On May 1, 2025, the company completed the acquisition of a property and casualty business located in New Hampshire, marking a pivotal moment in its growth trajectory.

This acquisition not only signifies the Hilb Group's ongoing commitment to expansion but also broadens its portfolio of property and casualty insurance services. With this addition, the company expects to increase its market presence and better serve the needs of clients in the region.

Company Background
The Hilb Group is recognized as a leader in the property and casualty brokerage industry, specializing in insurance and employee benefits. Part of The Carlyle Group, a global investment firm, Hilb has pursued a growth strategy focused on acquiring companies that align with its vision of providing exceptional service and expertise. The firm has successfully completed over 190 acquisitions, establishing more than 125 offices across 31 states.

This latest acquisition is consistent with Hilb Group's strategy to leverage its resources and experience, driving both organic growth within its acquired agencies and adding value to its existing operations. The company has consistently been acknowledged for its rapid growth, including recognition from Business Insurance and Insurance Journal, highlighting its impact on the industry.

Future Prospects
With the integration of the New Hampshire business, the Hilb Group aims to enhance its service capabilities and ensure that clients receive the highest level of support. The company's leadership believes that the innovative approaches and local expertise brought by the New Hampshire team will create new opportunities for cross-selling and customer engagement.

As Hilb Group moves forward, the management team is optimistic about the prospects this acquisition brings. The firm plans to maintain a robust growth strategy that includes not just additional acquisitions but also deepening relationships with existing clients throughout New England.

Conclusion

As the Hilb Group expands its footprint in the property and casualty sector, this acquisition serves as a testament to its commitment to growth and excellence in service delivery. The firm invites interested parties to learn more about its ongoing expansion and career opportunities by visiting Hilb Group.

Media Contacts
For media inquiries, Peter Lobred can be reached at 804-548-4629 or by email at [email protected]
For mergers and acquisitions, Ryan Havermann is available at 804-414-6508 or via email at [email protected]

With the execution of this strategic acquisition, the Hilb Group strengthens its position in the marketplace and reaffirms its mission to provide top-tier service and innovative insurance solutions.