Strong Acquisition Growth The recent acquisition of Clark & Lavey Benefits Solutions by Hilb Group in November 2021 significantly expanded its presence in New England and enhanced its employee benefits portfolio, indicating an active growth strategy and potential interest in strategic partnerships.
Personalized Service Focus Hilb Group combines the personalized, local service of small brokers with the resources of a large firm, making it appealing to mid-sized organizations seeking tailored insurance solutions with a trusted partner.
Market Positioning Positioned as a hybrid of big and small insurance brokers, Hilb Group targets clients valuing both comprehensive offerings and personalized attention, presenting opportunities to tailor product solutions for similar client segments.
Digital Engagement Updated website and a focus on benefits solutions demonstrate a commitment to digital engagement and thought leadership, opening avenues for digital marketing collaborations and targeted outreach to benefits-focused organizations.
Revenue and Growth Potential With revenues estimated between 25 to 50 million dollars and a strategic focus on acquiring regional firms, Hilb Group offers sales prospects in expanding employee benefits markets and cross-selling insurance products to existing and new clients.