HRH Purchases Texas Employee Benefits Firm

Hilb Rogal & Hobbs Company has acquired the operating assets of The Welch Company, an employee benefits firm in Houston, Texas. Terms of the transaction were not disclosed.

With 2005 revenues of approximately $900,000, The Welch Company provides employee benefits consulting for middle market clients in Texas. One of the main focuses of the company is addressing the challenges of increasing healthcare costs while developing superior benefit programs for their clients.

The Welch Company’s owner, Neal Welch, and his support staff will join HRH’s Houston, Texas branch under the leadership of its president Jerry Sims. The Houston operation is part of HRH’s Central Region, led by Vice President, Central Regional Director William Chaufty.