The Hilb Group has acquired a Florida-based full-service insurance agency, the company has announced.
The transaction, effective July 1, 2025, expands the firm’s product and service offerings in one of the country’s most dynamic and complex insurance markets. Terms of the deal were not disclosed.
Florida’s insurance market has been under growing strain due to high claims activity, increased litigation and exposure to extreme weather events, particularly hurricanes.
Property insurers in the state have faced rising reinsurance costs and narrowing underwriting margins, leading some carriers to withdraw or reduce capacity. In this environment, brokers and agencies play a critical role in helping policyholders navigate coverage availability and pricing challenges. The addition of a Florida-based agency positions Hilb to serve this demand with expanded regional expertise and access to national resources.
The Florida acquisition adds to a string of recent deals by the Hilb Group in 2025. In April, the company acquired a Maryland-based employee benefits firm, strengthening its presence in the Mid-Atlantic employee benefits sector.
On the same date, it completed the acquisition of a Maine-based property and casualty agency, extending its footprint into the New England market. The names of both acquired businesses were not disclosed, and financial terms were not made public.
Hilb Group’s strategy combines organic growth with a steady pace of targeted acquisitions. To date, the company has completed more than 190 transactions and operates over 125 offices in 32 states. It continues to build out its national platform by integrating local expertise with centralized operational support.
Headquartered in Richmond, Virginia, the Hilb Group is a national insurance brokerage and advisory firm offering property and casualty and employee benefits services. It is a portfolio company of The Carlyle Group, a global investment firm.
