The Hilb Group (THG) has acquired a Massachusetts-based insurance agency. It’s THG’s 37th acquisition since it was founded in 2009.
THG has acquired Mid-State Insurance Agency (MSIA), which provides property and casualty and employee benefits products throughout New England. The company specializes in developing special risk management and insurance products for auto dealerships.
Celebrate excellence in insurance. Join us for the Insurance Business Awards in Chicago on October 26!
MSIA’s employees, including managing partners Jim and Paul Pietro, will join THG and continue to operate out of their Worcester and Taunton, Mass., offices.
“MSIA’s specialized products and services for auto dealerships add depth to the capabilities of our New England operations, while its experienced team will further enhance our presence in the region,” said Ricky Spiro, CEO of THG. “This firm will be an excellent complement to THG as we continue to grow and add innovative solutions for our clients.”
“This is a great opportunity to join a top-50 insurance brokerage that reflects the same values that have made MSIA successful,” Jim Pietro said. “Being part of a larger organization will afford our clients the additional resources that THG has to offer, while they will continue to work with the service teams they know and trust.”
Related stories:
Hilb Group acquires Florida-based insurance agency
Hilb Group acquires New Hampshire-based insurer
