Hilb Group acquires Eldredge & Lumpkin Insurance Agency in Massachusetts
The Hilb Group (THG), a US middle market insurance agency, has acquired Massachusetts-based Eldredge & Lumpkin Insurance Agency (E&L) for an undisclosed price, as per the latest insurance acquisition news.
The deal became effective on 1 July 2020, said The Hilb Group.
Headquartered in Chatham, Eldredge & Lumpkin Insurance Agency is a full service insurance agency, which mainly offers property and casualty insurance for personal lines to customers across Massachusetts.
The team of Eldredge & Lumpkin Insurance Agency, including its owners Alan Long and Pat Long will join The Hilb Group of New England and continue to operate from their existing base.
Alan Long said: “Dedication to our customers and exceptional service have been priorities for us since our founding in 1930.
“With their continued expansion of solutions and resources, THG is the ideal firm for us to join. We are excited to be able to continue working with our customers, and to have access to an expanded array of services and expertise.”
Ricky Spiro – The Hilb Group CEO said: “The depth of knowledge and the loyalty Alan, Pat and their team have been able to foster with their customers will make them great additions to THG.”