The Hilb Group has acquired Oak Ridge Surety Agency in West Chester, Pennsylvania, which specializes in surety bond programs and commercial insurance.
Martin Hellman and his team of insurance professionals will become part of Hilb Group’s Mid-Atlantic regional operations. The business will join with Wayne, Pennsylvania-based Wharton Surety Consultants, a Hilb Group agency
The acquisition took effect December 30, 2022.
The Hilb Group, headquartered in Richmond, Virginia. is a portfolio company of The Carlyle Group, a global investment firm. Hilb Group has completed more than 150 acquisitions with over 100 offices in 22 states.
Was this article valuable?
Here are more articles you may enjoy.
CIAB Survey: Overall Soft Market Conditions Continue in Q2 
Judge Nixes Uber’s RICO Suit Alleging NY Lawyers, Doctors Conspired on Auto Claims 
Tornado Alley’s on the Move and Creating New Risk Concerns, Modeler Says 
How One Florida Gas Station Worker Allegedly Defrauded Progressive of $44,700 
