The Hilb Group (THG) has announced the acquisition of Keane Insurance Group (KIG) in St. Louis, MO.
The transaction became effective May 01, 2019.
KIG, founded in 1995, is an insurance brokerage that specializes in medical professional liability insurance for physicians and other healthcare providers. The company’s associates, as well as agency leader John Keane, will join THG under their existing name following the acquisition. They will also continue to operate out of their main office in St. Louis and other locations, a release said.
“Our team has significant experience working with doctors and healthcare professionals throughout the nation,” said John Keane, who added that KIG’s addition to the THG family allows the team to exceed client expectations by leveraging the size, knowledge, and experience of THG.
“KIG has a long, established presence in the medical professional liability market,” commented THG CEO Ricky Spiro. “We are excited to add their team’s strong expertise as we continue to grow THG’s national footprint.”
Read more: THG expands presence in Mid-Atlantic
Earlier this month, THG acquired Summit Insurance Services – an insurance agency focused on providing employee benefits to clients in Virginia.