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.
Older, Wealthier Renters Drive Changes in Insurance Needs 
Ship Owner Seeks Dismissal of Economic Loss Claims From Baltimore Bridge Collapse 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
Hacking Group Claims Major Hack of Novo Nordisk and Attempted $25M Extortion 
