Virginia-based P&C and employee benefits brokerage Hilb Group has made public its acquisition of a property and casualty business situated in Illinois.
This move signifies an expansion of the company’s footprint in the Midwest region and an augmentation of its service range to encompass tailored solutions for both fast food franchises and student housing industries. The acquisition, effective from September 1, 2023, introduces Illinois as a new state within the company’s burgeoning portfolio.
Hilb has not disclosed the acquired company’s name, nor has it provided other details regarding the transaction.
Elsewhere for the brokerage, Hilb also recently bolstered its Southeast presence with the acquisition of E/G in Florida. Earlier this year, the group also made headlines as it swooped for Mississippi-based Nowell Agency.
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