HRH Co. Acquires Remaining Interest in New World E&S, LLC

Hilb, Rogal and Hamilton Company has acquired the remaining 49 percent interest in New World E&S, LLC (New World), a casualty excess and surplus lines facility specializing in excess general liability and umbrella coverages. New World also specializes in risks associated with the railroad service industry.

Hobbs Group, which was acquired by HRH in July of 2002, was the cornerstone for the development of New World. This operation will continue to serve as a specialty resource for all HRH and Hobbs Group offices.

Stephen Hambsch will continue to manage New World. He will work closely with Bryan Sanders, president of HRH’s newly formed excess and surplus lines operation, Dominion Specialty Group, in the expansion of HRH’s excess and surplus lines capabilities.

Topics Mergers & Acquisitions Excess Surplus