[ad_1]
Insurance coverage brokerage Brown & Brown has expanded its presence within the Texas market with the acquisition of Hillco Insurance coverage’s property.
Monetary phrases of the deal weren’t disclosed.
Hillco, established within the Dallas metropolitan space by Hunter Hill, is a private and business strains insurance coverage supplier.
Its product portfolio consists of insurance coverage for collectibles, business property, building, householders, renters and a number of other kind of autos, amongst others.
The Hillco workforce will now function below the Brown & Brown workplace in Dallas, with Hill retaining management of the workforce and reporting to Brown & Brown Dallas operations head Erik Templin.
Brown & Brown senior vice-president of retail section John Esposito stated: “We’re very excited for the Hillco workforce to hitch our Dallas workplace. The capabilities and focus that the Hillco producers have in high-net value private strains and business insurance coverage options are an excellent addition to the Brown & Brown Dallas workforce.
Entry essentially the most complete Firm Profiles
available on the market, powered by GlobalData. Save hours of analysis. Achieve aggressive edge.
Firm Profile – free
pattern
Thanks!
Your obtain electronic mail will arrive shortly
We’re assured in regards to the
distinctive
high quality of our Firm Profiles. Nonetheless, we would like you to take advantage of
useful
resolution for what you are promoting, so we provide a free pattern that you would be able to obtain by
submitting the under kind
By GlobalData
“We’re assured that we are going to collectively create new alternatives and choices to service the wants of present and future clients of the Hillco workforce.”
Hill added: “The Hillco workforce has all the time been assured in our means to determine our buyer’s insurance coverage wants and design options to assist tackle them.
“Now, we can leverage the sources and collective information of Erik, Lauren and Dallas Brown & Brown teammates to supercharge these options. The long run is shiny for all of us at Hillco as we be a part of the Brown & Brown workforce.”
Brown & Brown has been actively increasing its operations, with Brown & Brown Europe just lately rising its UK footprint.
Final month, the corporate’s European unit acquired Stewart & Companions, additional establishing its place within the UK market.
Moreover, in December 2023, Brown & Brown Europe took over R McGee Insurance coverage Brokers, a family-run brokerage based mostly in Maesteg, Glamorgan, South Wales.
R McGee, established in 1974, affords unbiased recommendation and insurance coverage options to each people and companies throughout the area.
[ad_2]
