Hilb Group Announces Acquisition Of The Martin Agency, Inc.

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Aug 05, 2014, 08:17 ET

RICHMOND, Va., Aug. 5, 2014 /PRNewswire/ -- The Hilb Group, LLC ("THG") is pleased to announce the acquisition of The Martin Agency, Inc. ("TMAI") with offices in Danville, KY, Celebration, FL and Ormond Beach, FL. The transaction was effective August 1^st, 2014. TMAI will continue to operate at its current locations under the leadership of John Carrithers. TMAI represents THG's continued expansion in the state of Florida and its initial expansion into the Commonwealth of Kentucky.

Founded in 1989, TMAI has focused on providing excellent service to both commercial and personal lines clients. Robert J. Hilb, President and CEO of THG commented, "We're very excited to continue our expansion in 2014. Angie Martin and her family have built a firm that focuses on customers first originally in their home of Danville Kentucky and later in Florida and that focus fits perfectly into the Hilb Group culture. We're delighted to welcome Angie, John Carrithers and their team to THG."

Angela Martin, President of TMAI added, "My husband and I started this business over 25 years ago with a focus on putting our customers' needs first. Since then, we've built an agency that feels more like a family. We really wanted to make sure we found the right company that would take care of all our employees and the Hilb Group was just the right choice. Our customers will still have the same Martin team helping them but now with the many resources of the Hilb Group."

The Hilb Group was founded in 2009 by Robert H. Hilb, the former founder, CEO and Chairman of Hilb, Rogal and Hobbs (NYSE: HRH), and Robert J. Hilb, a former corporate VP of HRH. The Hilb Group seeks to grow through targeted acquisitions in the middle market insurance brokerage space. The company is headquartered in Richmond, VA with offices in Virginia, Georgia, Florida, North Carolina, Tennessee, Maryland, Kentucky and New York.