The Hilb Group, a prominent property-casualty and employee benefits brokerage, has further expanded its footprint in the Central region by acquiring a Texas-based property and casualty insurance agency. This strategic acquisition was finalized on August 1.
Headquartered in Richmond, Virginia, The Hilb Group is a portfolio company of The Carlyle Group, a leading global investment firm. The brokerage is known for its growth strategy centered on strategic acquisitions and leveraging its extensive resources to foster organic growth within the agencies it acquires. To date, The Hilb Group has successfully completed over 175 acquisitions, establishing a strong presence with more than 125 offices across 29 states.
In April, the company enhanced its employee benefits division in the Midwest by acquiring a significant book of business in Illinois. Although financial details of the transaction were not disclosed, the acquisition took effect at the start of the month.
Earlier this year, The Hilb Group bolstered its Southeast operations by acquiring a worksite and voluntary benefits business in Georgia. This acquisition, finalized on February 1, aligns with the company’s strategic plan to expand its service offerings and geographical reach within the region.
In January, The Hilb Group announced the appointment of Amanda Harm as Vice President of Carrier Relations and Insurance Strategy. In her new role, Harm is focused on expanding opportunities for the company’s clients and new agency partners. She reports directly to Jason Angus, Chief Operating Officer of The Hilb Group.
With over 13 years of industry experience spanning marketing, sales, and account placement, Harm joined The Hilb Group in March of the previous year as the Tri-State Director of Market Placement.
