Menu

Reinsurance News

The Hilb Group acquires Parallel Risk Advisors

15th April 2021 - Author: Katie Baker

US insurance brokerage The Hilb Group (THG) has acquired Maryland-based Parallel Risk Advisors (PRA).

handshakePRA is a commercial lines property and casualty (P&C) consulting and advisory firm specialising in the commercial real estate industry.

As a part of the transaction, which became effective on January 1st, 2021, the three principals: Debbie Dorsch, Jessica Gray, and Eileen Hartzell and their associates will join THG’s Mid-Atlantic region.

Dorsch said: “We are committed to our clients and their unique needs. THG, the brand they offer, and the resources they provide will only strengthen our ability serve our clients.”

Ricky Spiro, THG Chief Executive Officer (CEO), added: “We are excited to welcome Debbie, Jessica, Eileen, and their team to THG. This terrific business brings significant risk management expertise to our Mid-Atlantic team.”

The acquisition comes just weeks after THG announced the takeover of Indiana-based Star Insurance Agency.

Print Friendly, PDF & Email

Recent Reinsurance News

Getting your daily reinsurance news from Reinsurance News is a simple way to receive only the reinsurance industry news that matters, delivered directly to your email inbox.

  • Only email is mandatory, but the more you tell us about yourself the better we can serve you in future!
  • This field is for validation purposes and should be left unchanged.

By submitting the form you are giving your consent to be emailed by us.

Read previous post:
Allstate calls on agg reinsurance in March as cat losses hit $252m

US primary insurer Allstate Corporation has announced estimated catastrophe losses of $466 million for the first-quarter of 2021, after tax...

Close