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Marsh-Kemp Insurance acquired by Virginia firm

A Virginia insurance firm has acquired Worcester’s Marsh-Kemp Insurance Agency for an undisclosed figure.

The Richmond insurance firm The Hilb Group’s acquisition became effective March 1.

Marsh-Kemp’s two locations on Park Avenue in Worcester and on Auburn Street in Auburn will continue to be led by President Thomas McLear.

In a statement, McLear said the needs and desires of the firm’s clients are changing as the agency evolves. 

“This new chapter provides growth opportunities for our employees and further expands our ability to serve our clients,” he said.

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Marsh-Kemp was founded in 1912 and offers a full range of insurance products, including auto, home, business, life and disability, according to its website.

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