Hilb Group further bolsters presence

Acquired firm's principal will join the line-up

Hilb Group further bolsters presence

Mergers & Acquisitions

By Ryan Smith

The Hilb Group has announced that it has acquired the Mark E. Malvaso Agency. The acquisition bolsters the company’s presence in New York.

Based in Elbridge, N.Y., the Mark E. Malvaso Agency specializes in personal, business and agricultural services. Principal Mark Malvaso will join the Hilb Group’s Tri-State regional operations as a producer.

“This is an exciting step for us as we partner with the Hilb Group,” Malvaso said. “We are particularly pleased by the potential for growth through added resources and offerings, and ultimately delivering even greater solutions and value to our customers.”

“We are thrilled to welcome Mark to the team,” said Ricky Spiro, CEO of the Hilb Group. “This addition is a perfect compliment to our growth strategy of teaming with strong partners who have deep relationships in the communities we serve.”

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