Richmond, Va.-based insurance broker Hilb Rogal & Hobbs Co. said it is acquiring the assets of The Resource Group, L.C. Terms of the transaction, which is expected to close on Aug. 1, 2007, were not disclosed.
Founded by six insurance professionals in 1996, with more than $5.1 million of revenue in 2006, TRG primarily is an employee benefits brokerage and consulting firm with specialties including group health insurance, ancillary benefits, retirement programs, executive insurance and financial services.
TRG’s staff of 37 professionals will continue to serve clients from their existing office in Overland Park, Kansas, joining HRH’s Central Region under the leadership of Vice President and Central Regional Director William L. Chaufty.
Source: Hilb Rogal & Hobbs Co.
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