Mr. Kelley is the former CEO of Ironshore, which was acquired by Liberty Mutual in 2017.
The Hilb Group has acquired a dozen Massachusetts insurance agencies since 2015.
G&N Insurance was co-founded by Matt Naimoli and Zack Gould in 2010.
With the country’s 27th largest insurance broker up for sale, it further proves how insurance agencies are prime targets for equity firm roll-ups.
A round-up of all the latest acquisitions in Massachusetts as of Q3-2019.