GLEN ALLEN, Va., July 13 /PRNewswire/ -- The Hilb Group is pleased to announce its launch and the addition of its first two partners as it embarks on its strategy of building a mid-market commercial insurance brokerage firm.
(Logo: http://photos.prnewswire.com/prnh/20100713/NE34299LOGO )
(Logo: http://www.newscom.com/cgi-bin/prnh/20100713/NE34299LOGO )
On June 15, 2010, The Hilb Group acquired the business of Joseph Caruso who operates in Charlotte, NC and New York, NY. Mr. Caruso provides a wide spectrum of insurance brokerage and advisory services focusing on management liability and employee benefits for corporate clients across the country. Joseph Caruso, former Managing Director of Willis, NY, will lead The Hilb Group's financial services practice.
As of July 1, 2010, The Hilb Group is pleased to announce its combination with J.J. Jerome Associates/EAI of Bay Shore, NY. The firm, under the leadership of Jerry Jerome, provides specialized insurance programs to the physician and dental professions throughout the state of New York. J. J. Jerome Associates/EAI has been in business for over 50 years. James Jerome will head JJJ/EAI for The Hilb Group along with the founder of JJJ/ EAI, Jerry Jerome.
"We are extremely pleased to launch our business by partnering with such well-respected firms," said Robert J. Hilb, President and CEO of The Hilb Group. "We believe that both organizations provide tremendous potential for organic growth and will serve as springboards for future strategic agency alliances and acquisitions" added Hilb. Additionally, "the unique specialties which each firm brings to our organization can be leveraged for growth in other markets as we build out our enterprise platform," he continued. "I'm delighted to welcome Joe Caruso, Jerry and Jim Jerome and their team to The Hilb Group family."
The Hilb Group was founded in 2009 by Robert H. Hilb, the former founder, CEO and Chairman of Hilb Rogal & Hobbs, and Robert J. Hilb, a former corporate VP of HRH. The Hilb Group seeks to take advantage of favorable market conditions and grow through targeted acquisition and strategic alliances in the middle market insurance brokerage space. The Hilb Group is based in Glen Allen, VA with offices in Connecticut, New York and North Carolina.
Media Contact: Robert J. Hilb, CEO |
|
Phone: 804-564-9625 |
|
Email: [email protected] |
|
web: www.hilbgroup.com |
|
SOURCE The Hilb Group
Share this article