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Hilb Group buys Maryland-based agency

Hilb Group buys Maryland-based agency

The Hilb Group LLC has acquired Rockville,  Maryland-based Martens Johnson Insurance Agency Inc., Hilb said in a statement Wednesday.

Terms of the transaction, which became effective Jan. 1, 2020, were not disclosed.

Martens Johnson focuses on the commercial transportation industry in the Maryland and Washington D.C. metro areas, the statement said.  It also has offices in Knoxville, Tennessee, and Lawrenceville, Georgia, according to its website.

The broker’s employees will continue to operate out of their current office under the management of agency leader, Bryan Johnson.

The Hilb Group LLC was ranked 28th in the most recent Business Insurance rankings of largest brokers by revenue generated by U.S clients.