The Hilb Group has announced the acquisition of New Jersey-based E.B. Cohen Insurance and Risk Management, expanding the company’s presence in the Tri-State area.
E.B. Cohen, founded more than 90 years ago, has offices in both Roseland, N.J., and New York, N.Y. The firm provides a spectrum of insurance and risk management services to individuals and industries, with a focus on hospitality, real estate and small business. Agency principals David and Neil Owens and their team will join the Hilb Group’s Tri-State regional operations.
“At E.B. Cohen, we pride ourselves on establishing long-term relationships with our clients and understanding their business to produce careful, customized solutions,” David Owens said. “The partnership we have created with the Hilb Group will deliver access to even greater national resources for both our agency and our customers.” “We are excited to be partnering with the Hilb Group to continue the legacy that Jonathan Cohen helped establish, prior to his retirement after more than six decades – including 52 years as a leader – with our agency,” Neil Owens said. “Our team of experts, coupled with the resources Hilb Group provides, will continue to drive growth in the agency for years to come.” Read next: Hilb Group snags Pennsylvania surety firm “E.B. Cohen aligns perfectly with our strategy of growing among industry leaders – bringing a terrific history of insurance and risk management experience and expertise, combined with deep, trusted client relationships,” said Ricky Spiro, CEO of the Hilb Group. “We are pleased to welcome them to our company, and we look forward to our next steps together.” This marks the Hilb Group’s latest acquisition in New Jersey. Earlier this month, the company acquired Montclair-based William H. Connolly & Co.