Hilb Group Acquires Pennsylvania Agency to Enhance Insurance Services
Hilb Group Expands Portfolio with New Acquisition in Pennsylvania
RICHMOND, Va., Jan. 29, 2026 — Hilb Group, an established insurance brokerage and advisory firm, has broadened its service offerings in the Mid-Atlantic region through the acquisition of a Pennsylvania-based property and casualty agency, effective January 1, 2026. This strategic move strengthens Hilb Group's market presence, aligning with its growth strategy via targeted acquisitions and leveraging its resources for enhanced service delivery in underwriting and claims management.
Headquartered in Richmond, Virginia, Hilb Group specializes in property and casualty insurance and employee benefits. As a portfolio company of The Carlyle Group, a significant global investment entity, Hilb Group focuses on expanding its footprint. The company aims to integrate acquired agencies for seamless operations and drive organic growth, having successfully completed over 190 acquisitions. It operates more than 125 offices nationwide, across 32 states, emphasizing regulatory compliance and risk management.
Hilb Group's robust acquisition plan is part of its ongoing effort to be a leading player in the insurance brokerage industry. Backed by recognition as one of the Fastest Growing Brokers by Business Insurance and a Top P/C Agency by Insurance Journal, Hilb's approach underscores its commitment to industry leadership. The group's strategy signifies broader trends where firms leverage acquisitions to achieve operational synergies and enhance payer-provider relationships.
Contact Details:
For Media Inquiries: Peter Lobred, 804.548.4629, [email protected]
For M&A Inquiries: Ryan Havermann, 804.414.6508, [email protected]
Industry Context
The insurance industry continues to see substantial merger and acquisition activity as companies aim to enhance their competitive edge and expand service capabilities. Hilb Group's acquisition strategy is illustrative of broader trends where firms leverage acquisitions to achieve scale, operational synergy, and meet regulatory compliance requirements while adapting to AI-driven prior authorization delays and evolving market demands.
For insights into Hilb Group’s development and employment opportunities, visit their official website at hilbgroup.com.