The Hilb Group expands New England presence with acquisition

The company has acquired a Rhode Island-based agency after snapping up several in Massachusetts

The Hilb Group expands New England presence with acquisition

Insurance News

By Ryan Smith

The Hilb Group (THG) has announced the acquisition of Aoisio Insurance Associates (AIA).

Rhode Island-based AIA is a full-service insurance agency that primarily provides property and casualty insurance to individuals and businesses within the Rhode Island area. AIA and its employees will join THG’s regional operations in New England.

“Joining THG will allow us to further support our clients with a multitude of additional services,” said Art Aloisio, president of AIA. “Our team is looking forward to the next chapter in AIA’s history with expanded resources and the ability to collaborate with THG agencies across the nation.”

“AIA has developed the reputation of excellent customer service since its establishment in 1961 that is a perfect fit for the culture we are creating at THG,” said Ricky Spiro, CEO of THG. “We are extremely pleased to welcome Art and his team to our expanding team at THG.”

AIA is the latest of a number of New England-based acquisitions for THG. The company has recently acquired H.J. Knight International Insurance Agency, Bruce Cohn LLC, and Mackintire Insurance Agency, all based in Massachusetts.

 

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