Hilb Group LLC (THG) has added Needham, Mass.-based BAR Insurance Broking Inc. (BAR). The transaction entered into force on 1 June 2018.
BAR is an employee rights firm that offers products and services that provide customers with a range of group benefits. Hilb Group, Richmond, Va. It is a focused mid-market insurance company and a portfolio company of Boston-based private equity firm Abry Partners.
As part of the transaction, BAR will join THG’s New England operations. BAR President Rick Raisman will work with THG’s team to expand the area of benefits in the region.
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