The Hilb Group expands in Texas with key acquisition

Property-casualty and worker advantages brokerage The Hilb Group introduced its acquisition of a Texas-based property and casualty insurance coverage company, additional increasing its presence within the Central area. The acquisition was finalized on Aug. 1.

The Hilb Group, headquartered in Richmond, Va., is a portfolio entity of The Carlyle Group, a world funding agency.

The Hilb Group focuses on development by strategic acquisitions and the usage of its assets to drive natural development throughout the companies it acquires. So far, the corporate has accomplished greater than 175 acquisitions, establishing over 125 workplaces throughout 29 states.

In April, The Hilb Group expanded its worker advantages division within the Midwest by buying a guide of enterprise in Illinois. The monetary phrases of this transaction weren’t disclosed, and the acquisition took impact originally of that month.

Earlier within the yr, the brokerage additionally elevated its Southeast operations by buying a worksite and voluntary advantages enterprise in Georgia.

This acquisition, which was finalized on Feb. 1, aligns with The Hilb Group’s technique to broaden its service choices and geographic attain throughout the area.

In January, The Hilb Group additionally introduced the appointment of Amanda Hurt as vp of service relations and insurance coverage technique.

In that position, Hurt focuses on increasing alternatives for the corporate’s shoppers and new company companions. She’s going to report back to Jason Angus, chief working officer of the Hilb Group.

Hurt has greater than 13 years of business expertise in roles together with advertising and marketing, gross sales, and account placement. She joined the Hilb Group in March of final yr because the tri-state director of market placement.

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