The Hilb Group Acquires Carrier Insurance Agency in Florida

July 20, 2016

The Hilb Group, LLC (THG) has acquired Florida-based Carrier Insurance Agency, Inc., continuing its nationwide growth through acquisitions and expanding its regional presence in central Florida. The transaction became effective July 1, 2016.

Carrier Insurance has been serving central Florida for the past 30 years with Leo Carrier as the owner and president. Currently headquartered in Fern Park, Fla., the business will merge into THG of Florida’s Orlando office.

According to Robert J. Hilb, founder and CEO of THG, Carrier’s experience in personal lines and business insurance will bring new opportunities to THG of Florida.

Prior to opening his agency in 1998, Carrier was a producer for one of THG of Florida’s legacy agencies, Newman Crane and Associates.

The Hilb Group is a middle market insurance agency headquartered in Richmond, Virginia and is a portfolio company of Boston-based private equity firm, ABRY Partners. The Hilb Group seeks to grow through targeted acquisitions in the middle market insurance brokerage space.

Topics Carriers Mergers Florida

Was this article valuable?

Here are more articles you may enjoy.