The Hilb Group Acquires Maryland’s Insurance Solutions

The Hilb Group LLC (THG) has acquired Maryland-based Insurance Solutions (ISI). The transaction became effective on October 1, 2020.

Founded in 1989, ISI is a full-service employee benefits agency with expertise in group health and dental, life and disability and other employer sponsored benefits.

As a part of the transaction, the ISI leadership team of Brian Goff, Pam Nickerson and Jennifer Shipp, as well as their associates, will join THG’s Mid-Atlantic operations and continue to work out of their existing location in Annapolis, Md.

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

Topics Mergers & Acquisitions Maryland