Hilb Rogal & Hobbs Company, an insurance and risk management intermediary, recently announced that it has signed a definitive agreement to acquire substantially all of the assets of Charlton Manley, Inc. (Charlton Manley), a Kansas-based retail property and casualty insurance agency and brokerage and employee benefits consulting firm. Terms of the transaction, which is expected to close on July 1, 2007, were not disclosed.
Primarily a mid-market, general lines agency, Charlton Manley’s areas of specialization include construction, medical professional liability, truckers’ liability, schools and school athletic programs. Charlton Manley’s staff of 70 professionals will continue to serve clients from their existing offices located in Lawrence, Topeka, and Overland Park, expanding HRH’s current Kansas presence beyond Wichita and Pittsburg. Charlton Manley will join HRH’s Central Region under the leadership of Vice President and Central Regional Director William L. Chaufty.
Hilb Rogal & Hobbs Company (HRH) identifies itself as the the eighth largest insurance intermediary in the United States, with over 120 offices throughout the United States and the world.
Source: HRH
Topics Mergers & Acquisitions
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