The Hilb Group announced that it has acquired Wharton Surety Consultants, expanding its growing presence in the Philadelphia area. The transaction became effective December 31, 2021.
Based in Wayne, Pennsylvania, Wharton specializes in surety and fidelity bonding. Serving clients nationwide, Wharton maintains relationships with more than 20 different sureties.
Agency Principal Eric Follman and his team of surety professionals will join the Hilb Group’s Mid-Atlantic regional operations.
Richmond, Virginia-based insurance brokerage Hilb Group is a portfolio company of The Carlyle Group, a global investment firm. Hilb Group has completed more than 125 acquisitions and now has over 100 offices in 22 states.
Was this article valuable?
Here are more articles you may enjoy.
Viewpoint: Beware the Rise in Unproven ‘Brittleness Test’ for Roof Shingle Claims 
Cloudflare Resolves Global Outage That Disrupted ChatGPT, X 
What Progressive and GEICO Q3 Results Reveal About Auto Insurance Profit, Growth 
Florida Approves 6.9% Average Cut in Workers’ Comp Rates But Roofers Are Worried 
