THG scoops up South Carolina benefits firm

The firm's president and employees will join THG's Southeast operations
THG scoops up South Carolina benefits firm
INSURANCE NEWS
By Ryan Smith
Dec 21, 2020

The Hilb Group (THG) has announced the acquisition of South Carolina-based Plan Benefit Services, Inc. (PBSI).

PBSI is an employee benefits consulting, management and brokerage firm. PBSI President Branford Armstrong and the company’s employees will join THG’s Southeast operations and continue to work from their existing location in West Columbia, S.C.

Read more: The Hilb Group snaps up Connecticut benefits firm

“With our tradition of excellence, we are confident that joining THG will allow us to provide our clients additional resources and the support of a national brokerage, while they continue to work with a team they know and trust,” Armstrong said.

“We look forward to partnering with the innovative team of professionals at PBSI,” said Ricky Spiro, CEO of THG. “PBSI is committed to delivering tailored benefits solutions and sound advice. This falls right in line with the THG values.”

Related Stories
Free newsletter

We'll keep you up-to-date with the latest breaking news, cutting edge opinion, and expert analysis affecting both your business and the industry as whole.

Free newsletter

Our daily newsletter is FREE and keeps you up - to - date with the world of Insurance. Please complete the form below and click on subscribe for daily newsletters from IB US.