Hilb Group

Hilb Group

Nationwide personal and commercial insurance brokerage

Overview

Hilb Group is an insurance brokerage serving personal and commercial lines across all 50 states through about 125 local branches. It assesses client needs and places policies with carriers, earning premiums and brokerage fees. The firm combines the buying power of a large broker with the local, hands-on service of neighborhood agencies, emphasizing local expertise and investing in employees. Its goal is to deliver customized, attentive insurance solutions that protect clients while supporting employee development and community impact.

Significant Headcount Growth

About Hilb Group

Simplify's Rating
Why Hilb Group is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Consulting

Financial Services

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$2B

Headquarters

Richmond, Virginia

Founded

2009

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Simplify's Take

What believers are saying

  • July 1, 2026 Florida P&C acquisition deepens Southeast commercial insurance density.
  • Rob Nesselt's March 3, 2026 appointment accelerates retention and business development.
  • The October 31, 2024 refinancing added over $500 million for M&A.

What critics are saying

  • The $1.6 million data breach settlement in 2026 damages trust and invites copycat claims.
  • Two hundred acquisitions across 32 states create integration failures, producer churn, and system sprawl.
  • $2 billion refinancing on October 31, 2024 increases leverage if acquisition growth stalls.

What makes Hilb Group unique

  • Carlyle-backed Hilb Group completed 200-plus acquisitions, creating dense local brokerage coverage.
  • March 3, 2026 hiring Rob Nesselt shows disciplined regional platform-building.
  • Hilb keeps acquired agencies local while adding carrier access, technology, and back-office support.

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Funding

Total Funding

$2B

Above

Industry Average

Funded Over

1 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

401(k) Company Match

Growth & Insights and Company News

Headcount

6 month growth

34%

1 year growth

34%

2 year growth

34%
Citybiz
Jul 2nd, 2026
Hilb Group acquires Florida commercial insurance agency to expand Southeast operations.

Hilb Group acquires Florida commercial insurance agency to expand Southeast operations. July 2, 2026 Hilb Group has expanded its footprint in the Southeast with the acquisition of a Florida-based commercial property and casualty insurance agency, continuing the company's acquisition-driven growth strategy in the insurance brokerage market. The transaction became effective July 1, 2026. Financial terms of the acquisition and the identity of the acquired agency were not disclosed. The acquisition strengthens Hilb Group's commercial property and casualty operations in Florida, a key market within the Southeast, as the Richmond, Virginia-based insurance brokerage continues to build regional scale through strategic acquisitions. The company said the addition enhances its growing property and casualty business while expanding its presence in one of the nation's largest commercial insurance markets. Hilb Group has relied on acquisitions as a central component of its long-term growth strategy, combining locally established agencies with the operational resources, market access, and advisory capabilities of its national platform. The company works to preserve local client relationships while providing acquired businesses with expanded carrier access, technology, and back-office support to drive organic growth. Backed by global investment firm The Carlyle Group, Hilb Group has completed more than 200 acquisitions and now operates from more than 125 offices across 32 states. The company provides property and casualty insurance, employee benefits, and risk management advisory services to businesses and organizations nationwide. The latest transaction continues a period of active consolidation across the insurance brokerage industry, where larger firms have increasingly acquired regional and specialty agencies to expand geographic coverage, deepen industry expertise, and strengthen client service capabilities. Florida remains an attractive market for commercial insurance providers due to its large business base and complex property insurance environment. Hilb Group has consistently expanded its national platform through targeted acquisitions aimed at increasing market density and enhancing specialized capabilities. The company has earned recognition as one of the fastest-growing insurance brokerages in the United States, including rankings by Business Insurance, Insurance Journal, and the Inc. 5000. With the addition of the Florida commercial property and casualty agency, Hilb Group further reinforces its Southeast operations while advancing its strategy of building a larger national brokerage platform through a combination of strategic acquisitions and organic growth.

Insurance Journal
Mar 3rd, 2026
People Moves: TDCI, Hilb Announce New Roles, New Faces

People moves: TDCI, Hilb announce new roles, new faces. March 3, 2026 The Tennessee Department of Commerce and Insurance announced personnel changes at the department this week. Michael Barber, with 20 years of experience in the insurance industry, was named director of the Consumer Insurance Services section. Barber joined TDCI in 2018 as a consumer insurance investigator, then worked as consumer insurance services manager, the department said in a statement. In 2025, the consumer section handled more than 5,100 consumer complaints and returned some $15 million to policyholders. Also, Peter Roth joined the department as director of business process improvement. He will oversee ways to streamline processes, improve efficiency and increase productivity by working with Insurance Division staff and with industry stakeholders, the department said. He is a retired Green Beret with management experience who previously worked with the Tennessee Department of Environment and Conservation. Hilb Group, a major insurance brokerage based in Virginia, named Rob Nesselt as its Southeast platform leader. Nesselt will oversee growth and business development in the region, Hilb said in a news release. Nesselt recently was commercial lines head at Risk Strategies' Atlantic region, and before that was with Marsh McLennan. Was this article valuable?

WV News
Jul 18th, 2025
Hilb Group Expands into Kentucky, Grows Market Presence

Hilb Group expands into Kentucky, grows market presence.

PR Newswire
Jul 18th, 2025
Hilb Group Expands into Kentucky Market

The Hilb Group, headquartered in Richmond, Va., has expanded into Kentucky by acquiring a local multi-line insurance agency, effective July 1, 2025. This acquisition enhances the company's services in the Midwest and Central regions, marking Kentucky as a new addition to its portfolio. The Hilb Group, a portfolio company of The Carlyle Group, has completed over 190 acquisitions with more than 125 offices in 32 states.

Citybiz
Apr 17th, 2025
Hilb Group Acquires Maine Business

The Hilb Group has acquired a Maine-based property and casualty business, effective April 1, 2025. This acquisition expands the company's presence in the New England region and adds Maine to its portfolio. The Hilb Group, headquartered in Richmond, Virginia, is a leading insurance brokerage and advisory firm and a portfolio company of The Carlyle Group. The company has completed over 180 acquisitions with more than 125 offices in 31 states.

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