THG acquires Massachusetts employee benefits firm

THG acquires Massachusetts employee benefits firm | Insurance Business

THG acquires Massachusetts employee benefits firm

The Hilb Group (THG) has announced the acquisition of Massachusetts-based DBR Group. The transaction became effective October 01.

DBR, founded in 2004, is an employee benefits and actuarial consulting firm providing a full range of benefits consulting and brokerage services to organizations including corporations, non-profits, Taft-Hartley funds and public-sector employers. DBR will continue to operate out of its Framingham, Mass., location under the direction of founding leadership Paul Desrosiers, Chris Bean and Jim Roche, THG said.

“Joining THG’s team will allow our clients to access a wider range of products and services to address their emerging and evolving needs,” Desrosiers said. “We are excited to join THG and view this move as an excellent opportunity to build on DBR’s success over the last 14 years.”

“Paul, Chris and Jim have an outstanding partnership, and they bring significant expertise in large-group benefits to our firm,” said THG SEO Ricky Spiro. “I am pleased to welcome them and DBR’s talented employee benefits professionals to our team.”