Hilb Group swoops for Florida firm

Acquisition bolsters broker's Southeast presence

Hilb Group swoops for Florida firm

Insurance News

By Ryan Smith

The Hilb Group has bolstered its presence in the Southeast with the acquisition of E/G of Florida. The acquisition took effect Jan. 1.

Based in Fort Lauderdale, with additional locations in Delray and Port Saint Lucie, E/G of Florida offers personal and commercial insurance.

As part of the transaction, agency principal Patrick Mulligan and his team will join the Hilb Group’s Southeast regional operations.

“This move represents a tremendous next step for us,” Mulligan said. “We are excited to join the Hilb Group and to have access to the broader support and resources that this partnership delivers. As we move forward, we will continue our emphasis on tailored solutions for our clients, while expanding our access to greater products and offerings to benefit those we serve.”

“E/G of Florida represents a terrific addition to our company, aligned with our growth strategy by adding greater expertise in vital markets, as well as enhancing opportunities for the agencies who join us,” said Ricky Spiro, CEO of the Hilb Group. “We look forward to continuing to grow throughout Florida and beyond in order to best meet the needs of the customers and communities who depend on us.”

E/G of Florida is the latest in a string of acquisitions for the Hilb Group. Last month, the broker acquired The Nowell Agency, a Mississippi-based firm. In October, it acquired North Carolina-based Allegacy Benefit Solutions.

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