Insurance Broker Deepens Offerings With Employee Benefits Firms

Feature: Quick Takes — January 16, 2007

Insurance Broker Deepens Offerings With Employee Benefits Firms
Also included is niche employee benefits company Thinc USA.

Insurer Reaps Benefits: Richmond, Virginia-based insurance broker Hilb Rogal & Hobbs said it has acquired Nevin, Works & Associates, an employee benefits company in Portland, Oregon. Also included in the deal is Nevin Works subsidiary Thinc USA, described as a niche employee benefits firm. Hilb Rogal is acquiring all the outstanding and issued capital stock of Nevin Works for an undisclosed sum, and reportedly will retain Nevin Works’ employees in Portland.

—Garry Kranz