The Hilb Group, LLC, a Richmond, Virginia based insurance agency, announced today that it has acquired certain assets of Newport-based D. F. Dwyer & Associates, LLC .

“Based in Newport, RI, D. F. Dwyer & Associates provides a full range of property & casualty insurance products and services to businesses and individuals,” a press release from The Hilb Group states.

According to the release, Dan Dwyer, Agency Leader of D.F. Dwyer and his associates will join the growing team of The Hilb Group New England.

“D.F. Dwyer will complement and strengthen The Hilb Group’s property & casualty capabilities in the New England region,” a announcement from The Hilb Group states.

The transaction became effective February 1, 2020.

The Hilb Group

According to the announcement from The Hilb Group, The Hilb Group is a leading middle market insurance agency headquartered in Richmond, Virginia and is a portfolio company of global investment firm, The Carlyle Group. THG seeks to grow through targeted acquisitions in the middle market insurance brokerage space. The company now has over 90 offices in 20 states.

The Hilb Group, LLC. (PRNewsFoto/The Hilb Group, LLC)

A request for comment from Daniel F. Dwyer (III) was not immediately responded to on Thursday.

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Ryan Belmore has been the Owner & Publisher of What's Up Newp since 2012. He also currently works for Mountain News, where he serves as Senior Editor - North America for OnTheSnow. He previously worked for the New England Patriots and American Cancer Society. He currently serves as Vice President of Fort Adams Trust and is a member of Local Independent Online News (LION) Publishers and North American Snowsports Journalists Association (NASJA).