Hilb, Rogal, & Hobbs Co. was an American insurance company. It was established by Bob Hilb, Alvin Rogal and David Hamilton, former Insurance Management Corporation executives in 1982 as Hilb, Rogal, and Hamilton Corporation was changed to Hilb, Rogal and Hobbs Corporation on September 8, 2003.[1][2] The company operated over 120 offices in 29 U.S. states and London with branch locations in Russia, South Africa, and Australia.[3] Since its establishment, HRH had acquired over 230 independent agencies ranging from individuals to large national accounts with a focus on middle-market and internal risk management for major firms.[4] As of 2007 sales were $799,664,000.[5] It was acquired by Willis Towers Watson for $2.1 billion in 2008.[6]
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| Hilb, Rogal & Hobbs Co. | |
| Formerly | Hilb, Rogal and Hamilton Co. (1982–2003) |
| Company type | Public |
| NYSE: HRH | |
| Industry | Insurance brokerage & risk management |
| Founded | January 28, 1982 |
| Defunct | October 31, 2008 |
| Fate | Acquired by Willis Group Holdings |
| Successor | Willis Group Holdings |
| Headquarters | , United States |
Key people |
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| Products | Insurance brokerage, risk management, employee benefits |
| Website | http://www.hrh.com/WillisHRH/ |
History
edit- On January 28, 1982, Hilb, Rogal, & Hamilton Co. was founded by Bob Hilb, Alvin Rogal and David Hamilton.[7]
- In January 1999, the Daytona Beach, FL and Fort Lauderdale, FL offices of Hilb Rogal & Hamilton were acquired by Poe & Brown, Inc. (now Brown & Brown, Inc.) [8]
- On May 12, 2002 Hilb, Rogal & Hamilton is ranked 10th largest insurance intermediary in the world.[9]
- On September 8, 2003 Hilb, Rogal & Hamilton was officially changed to Hilb, Rogal & Hobbs Co.[10]
- In July 2007, Hilb Rogal & Hobbs Co. was ranked ninth in Business Insurance's world's largest brokers list.[11]
- On June 9, 2008, Hilb Rogal & Hobbs Co accepted an acquisition offer by Willis Group Holdings, a British insurer for 2.1 billion.[12]
- In 2004, Haack & Associates was bought by Hilb, Rogal & Hobbs Co.[13]
References
edit- ^ HRH announcement about death of Alvin Rogal[permanent dead link]
- ^ HRH Hilb, Rogal and Hamilton Company Announces New Name and Corporate Identity
- ^ Plunkett's Insurance Industry Almanac 2009: Insurance Industry Market Research, Statistics, Trends & Leading Companies
- ^ Plunkett's Insurance Industry Almanac 2009: Insurance Industry Market Research, Statistics, Trends & Leading Companies
- ^ Plunkett's Insurance Industry Almanac 2009: Insurance Industry Market Research, Statistics, Trends & Leading Companies
- ^ "Willis Completes $2.1 Billion Acquisition of Hilb Rogal & Hobbs". Willis Towers Watson. October 1, 2008. Retrieved October 31, 2018.
- ^ HRH announcement about death of Alvin Rogal[permanent dead link]
- ^ Alacra Store: Brown & Brown Inc.
- ^ ILB, ROGAL AND HAMILTON COMPANY AGREES TO ACQUIRE HOBBS GROUP, LLC
- ^ HRH Hilb, Rogal and Hamilton Company Announces New Name and Corporate Identity
- ^ Business Insurance
- ^ MICHAEL J. de la MERCED (2008-06-09). "British Insurer to Acquire Hilb Rogal for $2.1 Billion". World Business. The New York Times. Retrieved 2008-06-08.
- ^ Boulton, Guy. "Insurance broker offers services for flat fee". Milwaukee Journal Sentinel. Retrieved 2020-03-15.
External links
edit- http://www.hrh.com/WillisHRH/ Official site]