THG acquires NY-based insurance broker BR Vital Brokerage

THG acquisition of BR Vital Brokerage : US middle market insurance agency The Hilb Group (THG) has acquired acquisition of New York-based BR Vital Brokerage (BRV) for an undisclosed price, as per the latest insurance acquisition news.

BR Vital Brokerage is an independent insurance brokerage firm, which mainly offers property and casualty insurance. The insurance broker, in particular, specializes in offering liability coverage to medical professionals.

The acquisition thereby strengthens the medical professional liability program of THG.

Steven Bykovsky – owner of BR Vital Brokerage, commenting on THG acquisition of BR Vital Brokerage, said: “We are looking forward to the added capabilities we will have as part of THG.

“Access to a national network and pool of resources will help us provide clients with better, more expansive service than ever before.”

Steven Bykovsky will continue to lead BR Vital Brokerage’s associates from its existing office in Brooklyn.

Commenting on THG acquisition of BR Vital Brokerage, Ricky Spiro – THG CEO, said: “BRV’s specialty focus goes a long way toward strengthening both our program offerings and presence in the Tri-State region.

“We look forward to welcoming Steven and his associates to THG’s team.”