Robert Powell, III// October 18, 2016//
The Hilb Group LLC, an Henrico County-based insurance broker, has acquired Indianapolis-based Fundamental Insurance & Retirement Planning (FIRP) Inc.
No financial details were released about the deal, which closed Oct 1.
With this acquisition, The Hilb Group expands its footprint into the Midwest. Before the deal, the company had 48 offices from Vermont to Florida.
FIRP provides a wide range of insurance products from property and casualty to life and health for businesses and individuals.
All of FIRP's employees, including its president, Michael Weisemann, are joining The Hilb Group. They will continue to operate their four offices, located throughout Indiana under their existing name.