The Hilb Group, LLC (THG) has announced the acquisition of Indiana-based Star Insurance Agency, effective March 1, 2021.
Star Insurance Agency is a full-service agency with personal and commercial insurance offerings, including both P&C and employee benefits.
As a part of the transaction, Star leaders Leslee Robinson and Billy Davenport, and the Star Insurance team will join THG of Indiana.
“THG offers a unique opportunity to bring more robust services to our clients,” said Davenport. “We are excited to grow our business with the resources the THG brings to the agency.”
“We are extremely pleased to welcome Star Insurance Agency to our expanding team at THG,” added Ricky Spiro, THG CEO. “The firm has long-standing client relationships and a wonderful reputation in the marketplace.”
THG is a property and casualty and employee benefits insurance brokerage and advisory firm headquartered in Richmond, Virginia. It is also is a portfolio company of global investment firm The Carlyle Group.
The company seeks to grow through targeted acquisitions in the middle market insurance brokerage space, and currently operates more than 100 offices across 20 US states.