Finance | Insurance 2023: RICHARD G. ‘RICKY’ SPIRO 

CEO, THE HILB GROUP, HENRICO COUNTY

Published August 30, 2023 by Virginia Business

When Spiro stepped into the leadership role for Henrico County-based insurance company The Hilb Group, he brought with him more than 30 years of experience in insurance and financial services.

Prior to joining Hilb, Spiro served as executive vice president and chief financial officer of property and casualty insurer Chubb. Before that, Spiro was a managing director in Citigroup Global Market’s financial institutions investment banking group, where he worked from 1999 to 2008 in varying roles, including head of North America and head of insurance investment banking. A Princeton University graduate, he entered investment banking in 1986 at First Boston.

Hilb acquired E/G of Florida on Jan. 1. The financial terms of the transaction were not disclosed, but it is one of more than 150 acquisitions Hilb has made since its founding in 2009. A portfolio company of Washington, D.C.-based investment management company Carlyle, the property, casualty and employee benefits insurance brokerage and advisory firm had about 2,150 associates as of March.

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