The Hilb Group LLC (THG) has acquired Massachusetts-based Eldredge & Lumpkin Insurance Agency Inc. (E&L). The transaction became effective on July 1, 2020.
Located in Chatham, Mass., E&L is a full–service agency primarily providing property and casualty insurance for personal lines to customers throughout the state.
The E&L team, including Owners Alan Long and Pat Long, will join THG of New England and continue to operate out of their existing location following the acquisition.
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.
Travelers Stranded by War Learn Insurance Won’t Cover Flight Cancellations 
Marine Insurers Cancel War Risk Cover as Iran Conflict Escalates 
Asia’s Rich Having Second Thoughts on Dubai as War Rages 
Chubb to Serve as Lead US Insurer for Gulf Shipping Amid Iran War 
