THG expands presence in Mid-Atlantic

The Hilb Group (THG) has announced the acquisition of Summit Insurance Services (SIS), the insurance operations of West Virginia-based Summit Financial Group.

SIS is an insurance agency that primarily focuses on providing employee benefits to businesses and individuals throughout the Mid-Atlantic region. SIS will remain in its current offices in Moorefield, W.V., and Leesburg, Va., and continue doing business under its existing name.

“We believe that joining THG is an excellent way for all associates at SIS to continue to grow in the years ahead,” said Charles Maddy, president and CEO of Summit Financial Group. “We are proud of the accomplishments that we achieved within the agency and wish the SIS team continued success.”

“By becoming part of a dynamic and growing insurance organization, this transition will create enormous opportunity for all SIS employees,” said Ricky Spiro, CEO of THG. “With our combined resources, we can expand the product offerings and expertise available to all SIS partners. We are thrilled to have SIS join THG as we further expand our Mid-Atlantic region.”