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Insurance 2025: SPIRO, RICHARD G. ‘RICKY’

CEO, THE HILB GROUP, HENRICO COUNTY

Virginia Business //September 2, 2025//

Insurance 2025: McINERNEY, THOMAS J.
Insurance 2025: McINERNEY, THOMAS J.

Insurance 2025: SPIRO, RICHARD G. ‘RICKY’

CEO, THE HILB GROUP, HENRICO COUNTY

Virginia Business //September 2, 2025//

With more than 30 years of experience in and financial services, Spiro has led the Henrico County-based property, casualty and employee benefits insurance brokerage and advisory firm since 2017.

A portfolio company of Washington, D.C.- based Carlyle Group, The Hilb Group has more than 2,400 employees. The firm celebrated its 15th anniversary in 2024 and has continued to grow, having completed more than 180 acquisitions with over 125 offices in 31 states. Its 2024 revenue was $641 million.

Last fall, the Hilb Group announced it had secured a $2 billion round of financing to refinance debt and add over $500 million of debt capacity for mergers and acquisitions. “We are excited to continue executing on our growth strategy and to build on our track record of introducing high-quality agencies to the Hilb platform,” Spiro said.

Spiro, who has an economics degree from Princeton University, served as executive vice president and chief financial officer of commercial property and casualty insurer Chubb from 2008 to 2016. Before that, he was a managing director in Citigroup Global Markets’ financial institutions investment banking group.

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