The Hilb Group said it has acquired a book of commercial property/casualty insurance and surety bond business in its tri-state region of operations.
The company said that the seller, Scott Kuzmic, a commercial property/casualty and surety producer, will join Hilb.
Hilb did not identify the size of the book of business.
The new commercial lines business will be serviced through William H. Connolly & Co. in Montclair, New Jersey, and the surety business will be serviced by Wharton Surety Consultants in Wayne, Pennsylvania. The Connolly brokerage joined Hilb in December 2020. Wharton joined Hilb in December 2021.
The Hilb Group, headquartered in Richmond, Virginia, is a portfolio company of The Carlyle Group. It has completed more than 130 acquisitions and now has over 100 offices in 22 states.
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