Hilb Group Announces Acquisition Of West Coast Insurance

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Mar 03, 2015, 08:07 ET

RICHMOND, Va., March 3, 2015 /PRNewswire/ -- The Hilb Group, LLC ("THG") is pleased to announce the acquisition of West Coast Insurance ("WCI") of Tampa, FL. The transaction was effective March 1^st, 2015. WCI will continue to operate at its current location under the leadership of previous owner and President, George Lackey. WCI is THG's second acquisition in 2015.

Founded in 1993, WCI has focused on providing excellent customer service to commercial and personal lines accounts in Florida. In addition, West Coast Insurance has developed a national insurance practice focused on supporting the marine industry. Robert J Hilb, President and CEO of THG said, "We're very excited to have George and his team join our company. The reputation they have built with their clients and within the community is a perfect fit in to the overall Hilb Group team."

George Lackey, President of WCI added, "We are very excited about this next chapter in the history of our agency. We know this was the right fit for our agency, our employees and especially our customers. We're excited to be able to expand our services and products to our clients."

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 22 offices in Georgia, Florida, Kentucky, Maryland, New York, North Carolina, Tennessee, Virginia, and West Virginia.