September 7, 2022
Truist Insurance Holdings Inc., one of the largest U.S. brokerages and a part of Truist Financial Corp., announced that it has agreed to acquire the national premium finance company BankDirect Capital Finance from Texas Capital Bancshares. BankDirect will now become …
March 3, 2022
Insurance broker Truist Insurance Holdings, Inc. reports it has closed on the acquisition of Kensington Vanguard National Land Services (KV), a national title insurance agency. BridgeTrust Title Group, the company’s existing title and settlement services business, will be integrated into …
July 6, 2021
Truist Insurance Holdings and its wholesale insurance subsidiary CRC Group have closed on the acquisition of Constellation Affiliated Partners, an insurance distribution platform operating seven managing general agents (MGAs) and program managers. The transaction, first announced in May, will add …
May 24, 2021
Truist Insurance Holdings has agreed to acquire Constellation Affiliated Partners from RedBird Capital Partners. The transaction will add approximately $160 million of annual revenue to Truist Insurance Holdings’ wholesale division. Financial terms were not disclosed. Constellation Affiliated Partners is an …
December 7, 2020
Charlotte, N.C.-based Truist Insurance Holdings reported that it will complete five insurance acquisitions this quarter, adding more than $100 million of combined annual revenue to its wholesale division. The most recent of these transactions is the acquisition of Wellington Risk …
June 30, 2020
BB&T Insurance Holdings, Inc., a subsidiary of Truist Bank, is officially now doing business as Truist Insurance Holdings, Inc. With $30 billion in premium in 2019, Truist Insurance Holdings is the fifth-largest insurance broker in the U.S. and sixth-largest in …