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GoodWorks Insurance Announces Joint Venture with Hilb Rogal & Hobbs, Connecticut

GoodWorks Insurance Announces Joint Venture with Hilb Rogal & Hobbs, Connecticut

Published 06-15-06

Submitted by GoodWorks Insurance

NORTH CANAAN, Conn.--(BUSINESS WIRE)--June 15, 2006--GoodWorks Insurance, LLC announced a joint venture with Hilb Rogal & Hobbs, Connecticut, a subsidiary of Hilb Rogal & Hobbs Company (HRH), the eighth largest insurance brokerage firm in the United States.

GoodWorks Insurance entered into the arrangement with HRH through its newly launched affiliate GoodWorks National Accounts, LLC. Working with HRH, this organization provides insurance to large national and specialty insurance risks in the commercial property and casualty market. GoodWorks National Accounts embraces the same philosophy of GoodWorks Insurance by making a commitment to donate 50 percent of its annual operating profits to local community charities. HRH will utilize its extensive network to help clients manage their risks in property and casualty, employee benefits, professional liability, and other areas of specialized exposure.

"We are very excited to have an opportunity to work with HRH," said Joseph L. Grochmal, president/CEO of GoodWorks Insurance and GoodWorks National Accounts. "The joint venture helps us provide large customers with the highest quality insurance services while extending our mission of corporate social responsibility by providing substantial donations to more communities."

John Lyon, president, HRH, Connecticut, said GoodWorks should help to change the perception of the insurance industry among consumers. "I do not know of any other insurance firm contracting to give away half its profit to charities," said Lyon. "We're thrilled to be linked with GoodWorks and excited to help the company in its philanthropic mission."

About GoodWorks Insurance, LLC

GoodWorks is a private company headquartered in North Canaan, CT. The company believes business should proactively give back to local communities in the form of responsible capitalism. It provides its customers with insurance coverage at competitive prices with extraordinary service, while giving local charities 50 percent of its annual operating profits to fund education, healthcare or safety programs in local communities. The company can be reached at http://www.goodworksinsurance.com or by calling (877) 824-5678.

About Hilb Rogal & Hobbs

Hilb Rogal & Hobbs, Connecticut, is a subsidiary of Hilb Rogal & Hobbs Company, which is the eighth largest insurance and risk management intermediary in the U.S. and 10th largest in the world. From offices throughout the U.S. and in London, HRH assists clients in managing risks in property and casualty, employee benefits, professional liability, and many other areas of specialized exposure. The company's common stock is traded on the New York Stock Exchange, symbol HRH. More information about HRH may be found at www.hrh.com.

Copyright Business Wire 2006

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GoodWorks Insurance

GoodWorks Insurance

GoodWorks Insurance is a private company headquartered in North Canaan, Conn. The company believes business should proactively give back to local communities in the form of responsible capitalism. It provides its customers with the nation's best insurance coverage at competitive prices with extraordinary service, while giving local charities 50 percent of its annual operating profits to fund education, healthcare or safety programs in local communities. The company can be reached at www.goodworksinsurance.com or by calling (877) 824-5678.

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