THG makes first Delaware acquisition

The P&C agency is THG’s 38th acquisition since its founding

THG makes first Delaware acquisition

Insurance News

By Ryan Smith

The Hilb Group (THG) has announced the acquisition of CNC Insurance Associates. The acquisition, which became effective October 01, is THG’s 38th since its founding in 2009.

Delaware-based CNC provides property and casualty insurance products for businesses in Delaware, Maryland, Pennsylvania, New Jersey and Virginia. The company is THG’s first acquisition in the state. CNC managing director Kevin Nemith will continue to lead the agency’s associates, according to THG.

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“The addition of CNC continues THG’s national expansion and will further strengthen our presence in the mid-Atlantic region,” said Ricky Spiro, CEO of THG. “We are excited to welcome Kevin and his associates to our team.”

“Joining THG will allow us to gain additional product and service offerings that will benefit our clients while continuing to deliver the exceptional, local service we are known for,” Nemith said. “We look forward to furthering our success with this new partnership.”

Related stories:
The Hilb Group acquires Massachusetts insurance agency
Hilb Group acquires New Hampshire-based insurer

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