Hilb Group acquires P&C consulting firm Parallel Risk Advisors

The Hilb Group (THG), a Virginia-based property and casualty and employee benefits insurance brokerage and advisory company, has acquired Parallel Risk Advisors (PRA) based in Maryland for an undisclosed price.

Parallel Risk Advisors is a commercial lines property and casualty (P&C) consulting and advisory company.

It specializes in the commercial real estate sector.

Debbie Dorsch – Parallel Risk Advisors principal said: “We are committed to our clients and their unique needs.

“THG, the brand they offer, and the resources they provide will only strengthen our ability serve our clients.”

Hilb Group acquires P&C consulting firm Parallel Risk Advisors. Photo courtesy of Gerd Altmann from Pixabay.

Apart from Debbie Dorsch, two more principals of Parallel Risk Advisors – Jessica Gray and Eileen Hartzell along with their associates will come under The Hilb Group’s Mid-Atlantic region.

Ricky Spiro – The Hilb Group CEO said: “We are excited to welcome Debbie, Jessica, Eileen, and their team to THG.

“This terrific business brings significant risk management expertise to our Mid-Atlantic team.”