The Hilb Group (THG) has acquired CSE Insurance Agency and CSE Financial Services and B&H Insurance Services of Virginia and North Carolina respectively.
The two deals were concluded in the last quarter of 2012.
Founded in 1925, CSE companies specialise in delivering commercial, personal and employee benefit services to a broad customer base in southwest Virginia, Kentucky and Tennessee.
THG president and CEO Robert Hilb said seven partners of CSE and their entire staff will join the company following the transaction.
As a long haul trucking insurance agency, B&H was formed in 1989 by Harry Grubbs and is currently writing coverage in more than 13 states.
Both transactions will help the company to expand its specialty transportation practice and commercial and personal insurance offerings as well as continue to drive the organic growth in 2013, Hilb added.
Based in Richmond, Hilb group seeks to grow in the middle market insurance brokerage market through targeted acquisition and strategic alliances. It operates with offices in Virginia, North Carolina, Tennessee, Georgia, Connecticut and New York.