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.”
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.”
Hilb Group acquires P&C consulting firm Parallel Risk Advisors added by Pallavi Madhiraju on
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