Hilb Group strengthens its presence in the Southeast with the acquisition of E/G of Florida. The acquisition took effect on January 1.
Based in Fort Lauderdale, with additional locations in Delray and Port Saint Lucie, E/G of Florida offers personal and commercial insurance.
As part of the transaction, agency principal Patrick Mulligan and his team will join Hilb Group’s Southeast regional operations.
“This move represents a huge next step for us,” Mulligan said. “We are excited to join the Hilb Group and gain access to the broader support and resources this partnership provides. As we move forward, we will continue our emphasis on tailored solutions for our clients, while expanding our access to greater products and offerings to benefit those we serve.”
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“E/G of Florida represents an excellent addition to our company, aligning with our growth strategy by adding greater expertise in important markets, as well as enhancing opportunities for participating agencies us,” said Ricky Spiro, CEO of Hilb Group. “We look forward to continued growth throughout Florida and beyond to best meet the needs of the customers and communities that rely on us.”
Florida’s E/G is the latest in a string of acquisitions for the Hilb Group. Last month, the broker acquired The Nowell Agency, a Mississippi-based company. In October, it acquired the North Carolina-based Allegacy Benefit Solutions.
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