Providing a variety of insurance coverage merchandise for each people and companies, The Nowell Company has workplaces in Brandon, Greenwood, Tupelo, Byram, and Hattiesburg, MS. In keeping with a launch, the company was created on the premise of providing “inexpensive, personalized insurance coverage options for quite a lot of shoppers primarily based on their distinctive necessities and wishes.” The industries this company serves embrace gas distribution, habitational, agribusiness, and extra.
Following the acquisition, The Nowell Company president Michael Nowell and his staff of insurance coverage professionals will be a part of THG’s Southeast regional operations.
“Becoming a member of Hilb Group is a crucial step for us in persevering with to develop and supply the perfect merchandise to our shoppers,” mentioned Michael Nowell. “We’re excited to ship the identical native, trusted service and dedication to our prospects, whereas including to our assets and contributing to Hilb Group’s total progress technique for the longer term.”
With the acquisition of The Nowell Company, THG now has areas in 24 states, although THG serves shoppers all through the US.
“We’re happy to welcome The Nowell Company and to develop our operations into an vital state comparable to Mississippi,” mentioned THG CEO Ricky Spiro. “Michael and his staff deliver a robust data of numerous buyer wants and are geographically positioned all through the state to supply superior merchandise and repair. Our partnership represents a great entry into Mississippi, and we stay up for our subsequent steps collectively.”
In different acquisition-related information, THG in October acquired Allegacy Profit Options. Based mostly in North Carolina, Allegacy Profit Options designs customized worker advantages packages.