BB&T Insurance Holdings to be renamed as Truist Insurance Holdings.
M2 EQUITYBITES-June 30, 2020--BB&T Insurance Holdings to be renamed as Truist Insurance Holdings
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Global Banking News - 30 June 2020
BB&T Insurance Holdings, Inc, a subsidiary of Truist Bank (NYSE: TFC), has said that it will now operate as Truist Insurance Holdings Inc.
Headquartered at the Truist Center in Charlotte, North Carolina with USD30bn in premiums in 2019, Truist Insurance Holdings is an insurance broker in the U.S with more than 250 locations nationwide. Truist Financial Corporation (NYSE:TFC) was created in late 2019 through the merger of BB&T and SunTrust. Truist Insurance Holdings operates a portfolio of five complementary businesses: McGriff, CRC Group, Crump Life, AmRisc, and Premium Finance.
Apart from the Insurance Holdings rebranding, BB&T Life Insurance Services is also being rebranded as Truist Life Insurance Services, a division of Crump Life Insurance Services Inc. The brand transition for Insurance Holdings...
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