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    • Investor Group Agrees to $10.1B Truist Insurance Deal

    February 20, 2024 by Allison Bell

    Truist Financial, a large regional bank, has agreed to sell its 78.1% stake in its insurance brokerage business to an investor group for a deal that could bring it $10.1 billion in cash.

    The deal appears to include Crump Life Insurance Services and BenefitMall as well as the Truist Insurance Holdings property and casualty insurance distribution businesses.

    Click HERE to read the full story via Think Advisor

    Originally Posted at Think Advisor on February 20, 2024 by Allison Bell.

    Categories: Industry Articles
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