Hilb Group acquires Plan Benefit Services
The Hilb Group (THG), a US-based property and casualty and employee benefits insurance brokerage and advisory firm, has acquired Plan Benefit Services (PBSI), based in South Carolina, for an undisclosed price.
Plan Benefit Services is an employee benefits consulting, management, and brokerage firm, that has been independently owned and operated since 1986.
Ricky Spiro – Hilb Group CEO said: “We look forward to partnering with the innovative team of professionals at PBSI.
“PBSI is committed to delivering tailored benefits solutions and sound advice; this falls right in line with the THG values.”
As part of the deal, Branford Armstrong and the associates of Plan Benefit Services will join Hilb Group’s Southeast operations and continue to work from their existing location in West Columbia, South Carolina.
Branford Armstrong said: “With our tradition of excellence, we are confident that joining THG will allow us to provide our clients additional resources and the support of a national brokerage while they will continue to work with a team they know and trust.”