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.
Surplus Lines Leaders Remain Bullish on Outlook in a Shifting Market 
Friend of Suspected FBI Data Thief: ‘Crazy’ Teen Warned Not to Hack Bureau 
AI Models May Soon Self-Replicate Across Smart-Home Devices, Anthropic Warns 
Florida Supreme Court Approves Board Certification in Insurance Law 
