The Hilb Group LLC (THG) has acquired New York鈥揵ased Bentson Insurance Group. The transaction became effective May 1, 2018.
Founded in 1948, Bentson Insurance Group is a full-service property and casualty insurance agency specializing in home and business insurance as well as group benefits insurance. With its office in Staten Island, this acquisition will be the fifth location in THG’s New Jersey/New York region.
Bob Bentson, principal of Bentson Insurance Group, will continue to lead the agency’s associates under its current name following the acquisition.
The Hilb Group is a middle market insurance agency headquartered in Richmond, Va., and is a portfolio company of Boston-based private equity firm, Abry Partners. It is seeking to grow through targeted acquisitions in the middle market insurance brokerage space.
Source: The Hilb Group LLC
Topics Mergers & Acquisitions New York
Was this article valuable?
Here are more articles you may enjoy.
Intersecting Risks and the Future of Construction Insurance 
5 Years After Surfside Collapse: Safer Condos, More Transparency for Underwriters 
Flood Insurance Gap Will Squeeze Local Governments and Homeowners, Moody’s Says 
KPMG Australia Scandal Widens After it Confirms Optus Data Was Misused 
