Hilb Group Acquires Texas-Based Walker Myers Insurance & Risk Management - Insurance News | InsuranceNewsNet

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June 18, 2015 Newswires
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Hilb Group Acquires Texas-Based Walker Myers Insurance & Risk Management

Business Wire

RICHMOND, Va.--(BUSINESS WIRE)-- The Hilb Group, LLC ("THG") is pleased to announce the acquisition of Texas-based Walker Myers Insurance & Risk Management, LLC. The transaction became effective on June 1, 2015.

With offices throughout Texas in Houston, San Antonio, Austin and Corpus Christi, Walker Myers presents its clients an array of insurance and consultative offerings with expertise in commercial insurance, transportation, employee benefits and personal insurance services. Walker Myers is The Hilb Group’s fourth acquisition in 2015 and will continue operating under president, Todd T. Thomas.

“I am so grateful and excited to be partnering with a group like The Hilb Group,” said Thomas. “When we founded Walker Myers, we hoped to build and become the best firm for our clients – together with Hilb, we are there.”

The addition of Walker Myers continues The Hilb Group’s national expansion plan. As The Hilb Group’s first acquisition in Texas, this marks the beginning of their southwestern footprint.

"In only four years, Walker Myers has developed a reputation as one of the fastest growing, most accomplished comprehensive service providers in Texas,” said Robert J. Hilb, president and CEO of The Hilb Group. “Adding Walker Myers in to our expanding capabilities will provide our clients with world class expertise and give our associates the ability to deliver at the highest levels. With our nationwide network of agency partners, we plan to lead a group unmatched in our industry."

Scott Carrigan, EVP and managing partner at Walker Myers said, “The Hilb Group’s vision for the future is in perfect alignment with our development plan and our clients’ needs. Our employees and clients will benefit from the resources and enhanced services offered through the growing national firm.”

“The team we have built will be very powerful in conjunction with the resources and innovation of The Hilb Group. Combining our agencies makes for a very exciting future,” added Thomas. “Within our first five minutes together, Hilb made it clear that his business focus and values are perfectly in line with ours – serving Texans better than ever.”

About The Hilb Group: The Hilb Group is a leading middle market insurance agency headquartered in Richmond, Va. The Hilb Group seeks to grow through targeted acquisitions in the middle market insurance brokerage space. The company now has 29 offices in Florida, Georgia, Kentucky, Maryland, New York, North Carolina, Tennessee, Texas, Virginia, and West Virginia. Please visit our website at: http://hilbgroup.com/.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150618005798/en/

For The Hilb Group, LLC

John Scally, 703-894-5460

John.scally@padillacrt.com

Source: The Hilb Group, LLC

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