The Hilb Group Acquires Southern Maryland Insurance Inc.

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Jul 24, 2018, 09:14 ET

RICHMOND, Va., July 24, 2018 /PRNewswire/ -- The Hilb Group, LLC (THG) announced today the addition of Maryland-based Southern Maryland Insurance, Inc. (SMI). The transaction became effective July 1, 2018.

SMI is primarily a property/casualty insurance agency offering coverages to businesses throughout the Mid-Atlantic area. Located in Bowie, MD, SMI's Managing Director, Ken Wyvill and his associates will join THG's Mid-Atlantic operations led by Rick Tepel.

"Our clients can continue to rely on our commitment to provide the outstanding service that has earned us a reputation as a knowledgeable and hard-working insurance partner," said Wyvill. "They will also gain the added resources and benefits from partnering with a national organization to ensure we offer our customers the best solutions for their business."

"SMI's expertise and excellent customer service will solidify our property/casualty presence in Maryland and will deepen our capabilities throughout the Mid-Atlantic region," said Ricky Spiro, CEO of THG. "I am very pleased to welcome Ken and his associates to THG's growing team of professionals."

About the Hilb Group: The Hilb Group is a leading middle market insurance agency headquartered in Richmond, Virginia and is a portfolio company of Boston-based private equity firm, Abry Partners. The Hilb Group seeks to grow through targeted acquisitions in the middle market insurance brokerage space. The company now has 59 offices in 17 states. Please visit our website at: http://hilbgroup.com.

Media Contact:
Margaret Clary
804-205-1209
[email protected]

SOURCE The Hilb Group, LLC