The Hilb Group (THG) has announced the acquisition of Maryland-based Southern Maryland Insurance (SMI). The transaction became effective July 01.
SMI focuses on property and casualty insurance. It offers coverage to businesses throughout the Mid-Atlantic region. SMI’s managing director, Ken Wyvill, and his staff will join THG’s Mid-Atlantic operations and will report to Rick Tepel.
“Our clients can continue to rely on our commitment to provide the outstanding service that has earned us a reputation as a knowledgeable and hard-working insurance partner,” Wyvill said. “They will also gain the added resources and benefits from partnering with a national organization to ensure we offer our customers the best solutions for their business.”
“SMI’s expertise and excellent customer service will solidify our property-casualty presence in Maryland and will deepen our capabilities throughout the Mid-Atlantic region,” said Ricky Spiro, CEO of THG. “I am very pleased to welcome Ken and his associates to THG’s growing team of professionals.”