Hilb Group New England

Name

Hilb Group New England

Website

https://hilbgroupne.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

101–250 employees

Short description

Hilb Group New England is a Richmond, US-based insurance brokerage subsidiary providing commercial lines, personal lines, employee benefits, HR consulting, and specialty industry insurance through a local-advisor distribution model within the broader 125-branch Hilb Group platform.

Ownership category

akta.pro rank

Product category

Insurance Brokerage

NAICS

Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242), Other Insurance Related Activities (52429)

SIC

Insurance Agents, Brokers & Service (6411), Life Insurance (6311), Accident & Health Insurance (6321), Surety Insurance (6351)

akta.pro primary industry

Large Group Health Insurance (Mid-Market & National Accounts) (FSAIAFAE)

akta.pro secondary industries

High Net Worth Personal Lines (E&S) (FSAJAGAO), Personal Excess Liability (High-Net-Worth) (FSAJANAF), Annuity + LTC / Long-Term Care Riders (FSAIAJAC)

Keywords

• Commercial insurance brokerage
• Personal lines insurance
• Employee benefits consulting
• Specialty insurance programs
• Risk management services

Headquarters

HQ city

Richmond

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Insurance Brokerage Commissions: Revenue generated from commissions on insurance policies placed with insurance carriers for commercial and personal lines coverage. Commissions are typically a percentage of premium paid by customers.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Hilb Group New England is an insurance brokerage that places commercial lines, personal lines, and specialty insurance policies with carriers on behalf of clients, earning commissions on premiums. The firm also provides employee benefits consulting, HR consulting (virtual HR, recruiting, managed payroll), and retirement services (401(k)) to businesses and individuals.

Differentiator

Problem solved

Functional benefit

Products and services

• Specialty Programs Industry-specific insurance programs covering over 30 specialized sectors including Cannabis, Construction, Farms, Financial Institutions, Healthcare, Hospitality, Manufacturing, Marine, Non-profit, Real Estate, Retail, Technology, Transportation, and more.
• Commercial Lines
• Personal Lines
• Employee Benefits
• HR Consulting
• Retirement Services

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators4 records

Direct peers

• Brown & Brown: Large US insurance brokerage built primarily through a roll-up strategy of independent agencies, offering commercial, personal, and benefits lines through a decentralized branch network — directly comparable to Hilb's growth playbook and product mix.
• Alliant Insurance Services: Privately held US specialty insurance brokerage serving commercial, personal, and benefits clients with a strong focus on niche industry verticals — directly comparable to Hilb's specialty programs strategy.
• USI Insurance Services: Large private US insurance brokerage offering commercial, personal, and employee benefits solutions through a national footprint of offices; comparable in product mix, distribution model, and mid-market focus.
• Hub International: PE-owned North American insurance brokerage providing commercial, personal, and employee benefits through regional offices; comparable in product breadth, branch-based distribution, and PE-backed growth strategy.
• Acrisure: Fast-growing, PE-backed US insurance brokerage that has scaled primarily via aggressive agency roll-up acquisitions, offering commercial and personal lines plus specialty programs — closely mirrors Hilb's M&A-driven model and mid-market positioning.
• AssuredPartners: PE-backed US insurance brokerage built via acquisition, providing commercial, personal, and benefits coverage across multiple specialty verticals — closely aligned with Hilb's roll-up approach and specialty emphasis.

Broad incumbents

• Lockton Companies: World's largest privately held insurance brokerage, providing commercial, benefits, and risk management services globally — a larger, broader incumbent in the same insurance intermediation space.
• Arthur J. Gallagher & Co. Top-tier global insurance brokerage and risk management firm with extensive commercial, benefits, and consulting capabilities — a larger, more diversified incumbent operating in the same space with overlapping offerings.
• Marsh McLennan: Global leader in insurance brokerage, risk management, and consulting (parent of Marsh and Mercer) — a much larger incumbent with overlapping commercial and benefits brokerage offerings.
• Aon plc: Global professional services firm offering insurance brokerage, reinsurance, and human capital consulting — a top-tier incumbent competing for the same commercial and benefits clients as Hilb at the larger end of the market.

Market position

Customer concentration

• Xx.com/hilbgroupne
• Facebookfacebook.com/hilb.group

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hilb Group New England