The Hilb Group LLC (THG) has acquired a book of business from CBIZ Inc. and hired Business Unit President Peter Tarmey as a producer. The transaction became effective April 1, 2020.
Based in Cranston, R.I., Tarmey will join THG’s New England operations and will continue to partner with clients on benefit offerings that strategically align with their organizational goals, financial objectives and workforce characteristics.
THG is a middle market insurance agency headquartered in Richmond, Va., and is a portfolio company of global investment firm, The Carlyle Group. THG seeks to grow through targeted acquisitions in the middle market insurance brokerage space. The company now has more than 90 offices in 20 states.
Source: The Hilb Group LLC
Was this article valuable?
Here are more articles you may enjoy.
Nearly Half of 100 Largest P/C Insurers Destroy Value: ACORD
Supreme Court Rejects Challenge to $2.46B Boy Scouts Sex Abuse Settlement
New York Governor Hochul Vows to Tackle Insurance Affordability, Litigation and Fraud
Warburg Mulls $1 Billion Sale of London Insurance Broker McGill 

