Hilb, Rogal & Hobbs Co.

Hilb, Rogal, & Hobbs Co. was a United States insurance firm. The firm 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]

Hilb, Rogal & Hobbs Corporation
Hilb, Rogal & Hobbs Co.
Formerly
Hilb, Rogal and Hamilton Co. (1982–2003)
Public
Traded asNYSE: HRH
IndustryInsurance brokerage & risk management
FateAcquired by Willis Group Holdings
SuccessorWillis Group Holdings
FoundedJanuary 28, 1982 (1982-01-28)
DefunctOctober 31, 2008 (2008-10-31)
Headquarters
Glen Allen, Virginia
,
United States
Key people
  • Martin (Mell) Vaughan, III (CEO)
  • F. Michael Crowly (COO & Pres.)
  • Michael Dinkins (CFO & Ex. VP)
  • Viren Kapadia (CIO & VP-Sourcing)
ProductsInsurance brokerage, risk management, employee benefits
Websitehttp://www.hrh.com/WillisHRH/

History
  • 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 intermidiary 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]
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References
  1. HRH announcement about death of Alvin Rogal
  2. HRH Hilb, Rogal and Hamilton Company Announces New Name and Corporate Identity
  3. Plunkett's Insurance Industry Almanac 2009: Insurance Industry Market Research, Statistics, Trends & Leading Companies
  4. Plunkett's Insurance Industry Almanac 2009: Insurance Industry Market Research, Statistics, Trends & Leading Companies
  5. Plunkett's Insurance Industry Almanac 2009: Insurance Industry Market Research, Statistics, Trends & Leading Companies
  6. "Willis Completes $2.1 Billion Acquisition of Hilb Rogal & Hobbs". Willis Towers Watson. October 1, 2008. Retrieved October 31, 2018.
  7. HRH announcement about death of Alvin Rogal
  8. Alacra Store: Brown & Brown Inc.
  9. ILB, ROGAL AND HAMILTON COMPANY AGREES TO ACQUIRE HOBBS GROUP, LLC
  10. HRH Hilb, Rogal and Hamilton Company Announces New Name and Corporate Identity
  11. Business Insurance
  12. 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.
  13. Boulton, Guy. "Insurance broker offers services for flat fee". Milwaukee Journal Sentinel. Retrieved 2020-03-15.
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