The Hilb Group, LLC (THG) has acquired Florida-based Regency Insurance Group, LLC (RIG). The transaction became effective Feb. 1, 2020.
Based in Bonita Springs, Fla., RIG is a property & casualty agency that specializes in personal lines coverage. RIG is focused households throughout Florida with home, auto, flood, and watercraft insurance offerings.
Agency leaders Kagen Cooksley and Kevin Koelemeyer will continue to lead RIG’s associates out of their existing office location.
THG is a middle market insurance agency headquartered in Richmond, Va., and is a portfolio company of global investment firm, The Carlyle Group. THG seeks to grow through targeted acquisitions in the middle market insurance brokerage space. The company now has over 90 offices in 20 states.
Topics Mergers & Acquisitions Florida
Was this article valuable?
Here are more articles you may enjoy.
Georgia Appeals Court Reverses $345M Judgment Against Insurers in School Sex Abuse 
US Offers $20 Billion Reinsurance Plan to Spur Gulf Oil Flow 
Marsh, Aon in Talks With US on Insuring Tankers in Hormuz 
Trump’s Hormuz Assurances Are Only a Partial Fix, Shippers Say 
