The Hilb Group Acquires Regency Insurance Group of Florida

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