The Hilb Group (THG) has announced the acquisition of New Jersey-based New Agency Partners (NAP).
NAP is a full-service insurance brokerage providing business insurance, employee benefits and personal insurance to clients in the tri-state region. The NAP team will continue to operate out of their Parsippany, N.J., location under the existing leadership of Andy Merkin, Bruce Wilson and Steve Peck, THG said.
“THG is a highly regarded national insurance brokerage that will enable us to provide additional resources for both our clients and associates,” Merkin said. “I speak for my entire team by saying we look forward to becoming part of a highly collaborative group that shares our values and commitment to service excellence.”
“The NAP team offers THG a complementary product and service mix and helps us to further build our presence in the tri-state region,” said Ricky Spiro, CEO of THG. “I am delighted to welcome Andy, Bruce, Steve and their associates to our growing team.”