North American specialty insurer CRC Group has acquired SLB Insurance coverage Group, bolstering its presence within the south-east of the US.
This transfer almost doubles CRC Group’s presence in south Florida and strengthens its capabilities in Louisiana.
SLB Insurance coverage Group, based in 2000, specialises in small-to-midmarket P&C, trucking and private traces insurance coverage.
With workplaces in Florida and Louisiana, SLB is thought for its constant manufacturing and market relationships with an method involving expertise.
The crew at SLB, comprising Darren Marsh, Trevor Keyes and Keith Hinson, will preserve their roles and report back to CRC Binding president Brennan Paris.
This marks the primary acquisition since CRC’s transition to an unbiased wholesaler earlier this yr.
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In a joint assertion, the SLB management crew said: “We’re thrilled to affix the CRC Group household. The alignment of our cultures ensures a seamless transition, and we’re assured this partnership will drive continued success for our groups. Turning into half of a bigger organisation permits us to leverage CRC’s broad capabilities and expertise platform, together with sturdy instruments, sources and data-driven analytics.”
CRC Group Wholesale division CEO Neil Kessler mentioned: “The addition of SLB displays our dedication to sensible, purposeful progress and is simply the beginning of what guarantees to be a dynamic yr in 2025 – our first calendar yr as an unbiased specialty dealer. We’ve got a robust line-up of acquisitions within the pipeline and are executing with urgency.”
With greater than a century of delivering insurance coverage options, CRC Group’s portfolio contains P&C, worker advantages, life, annuities and long-term care insurance coverage.
