ONI Risk Partners acquires HBG Insurance & Bonds; agencies join forces to offer business, employee benefits, and personal insurance backed by Prime Risk Partners

By November 28, 2017News

HBG Insurance & Bonds brings team and 101-year Central Indiana history to ONI Risk Partners

(INDIANAPOLIS, Ind. – November 28, 2017)  ONI Risk Partners (“ONI”), one of the Midwest’s largest independent insurance brokers, will acquire Greencastle, Indiana based HBG Insurance & Bonds (“HBG”), a leading privately-owned Indiana agency since 1916. The HBG team joins ONI’s 300+ insurance professionals serving business and individual clients throughout Indiana, Illinois and Kentucky.

“HBG is a thriving agency because Rick Bittles and his team have earned the confidence of their clients, hired and developed great people and made a strong civic commitment to Central Indiana,” said Jim Hynes, President of ONI Risk Partners. “We do business the same way, so this philosophy of building long-term relationships by offering superior service and unparalleled expertise won’t change.”

“This is an exciting opportunity to join a vibrant organization that shares our values,” agreed Bittles, President of HBG. “While our clients will continue to work with their existing HBG account teams, partnering with ONI provides access to a more diversified platform of services for all of our lines of business.”

“HBG is a great agency that fits well with our client centric culture,” finished Hynes. ”We look forward to giving them the resources to do even more.”

In partnering with ONI, HBG also joins the national platform of Prime Risk Partners (“PRP”). PRP is among the industry’s fastest-growing firms, building a national platform founded with leading regional agencies like ONI and HBG that seek expansion through local management and market knowledge with access to the resources of a dynamic national organization.

“We’re pleased that ONI has found quality partners in Rick Bittles and the HBG team,” said Bret Quigley, Chairman and CEO of Prime Risk Partners. “This partnership exemplifies a key component of our strategy for strong and sustainable growth – bringing together client focused agencies that can grow faster together by embracing our platform.”

PRP is among the industry’s fastest-growing firms, building a national platform founded with leading regional agencies like ONI Risk Partners that seek expansion through local management and knowledge with the resources of a dynamic national organization. PRP is #44 in the most recent Business Insurance ‘Top 100 Business Brokers’ ranking.

About ONI Risk Partners

Headquartered in Indianapolis with offices across the Midwest, ONI Risk Partners is one of the largest insurance agency operations in the Midwest, insuring thousands of individuals and businesses regionally, nationally and internationally. ONI Risk Partners became part of the Prime Risk Partners family in 2016. Joining Prime Risk Partners allows us to provide our clients with a broader array of services and resources, expanded specialty offerings, greater market access, and the comfort of knowing we have the strength of our thriving national organization supporting us. For more information, please visit www.onirisk.com.

About HBG

HBG Insurance & Bonds was originally established in 1916 as a bonding agency by First Citizens Bank & Trust in Greencastle, Indiana. For the next 101 years, HBG grew to six locations in Central Indiana and expanded their coverage options to include commercial, personal, life and health insurance in addition to contract bonds. As one of the most respected agencies in the state, HBG is committed to delivering the best insurance value and unbeatable customer service while maintaining the highest ethical standards. For more information, please visit www.hbgins.com.