The Hilb Group LLC (THG) has added Needham, Mass.-based BAR Insurance Brokerage Inc. (BAR). The transaction became effective June 1, 2018.
BAR is an employee benefits firm that provides a range of group benefits products and services to its customers. The Hilb Group is a middle market insurance agency headquartered in Richmond, Va., and is a portfolio company of Boston-based private equity firm, Abry Partners.
As a part of the transaction, BAR will join THG’s New England operations. BAR President Rick Raisman will work alongside THG’s team to grow the region’s benefits division.
Source: The Hilb Group LLC
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