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August 07, 2022
We are excited to announce that CRC Group has signed a definitive agreement to acquire BenefitMall, the nation's largest employee benefits general agency. With this acquisition, CRC Group will provide retail agents with the broadest array of insurance products and services available from any wholesale distributor in the marketplace today, including property and casualty, life, annuity, long-term care, and now employee benefits. The transaction is expected to close in the third quarter of 2022, subject to satisfaction of customary closing conditions.
June 09, 2022
Billy Pinson, president of TAPCO Underwriters, a division of CRC Group, passed away unexpectedly early Thursday morning. He was 61 years old.
September 29, 2021
On Wednesday, September 28, the Insurance Insider handed out its annual Inside P&C Honors awards. The awards, judged by a panel of industry experts, recognize achievement in the US wholesale, specialty, and (re)insurance markets. CRC Group received two awards; one for MGA/MGU of the Year and one for M&A Transaction of the Year.
September 13, 2021
CRC's CEO Dave Obenauer discusses how insurance wholesalers are best positioned to address growing risk with David Bull in The Insurer.
August 03, 2021
Carlson will be part of Commercial Solutions Division’s already strong Property Practice leadership team that includes Ed Magliaro and Paul Martin. Carlson will assume the position of Director, Property Practice, with Magliaro and Martin serving as Chairmen, Property Practice. Carlson will join CRC Group at the end of August after more than 15 years of insurance carrier underwriting and leadership roles.
July 13, 2021
Strategic Move Better Serves Clients through Creation of $23.5B Premium Industry Leading Wholesale Specialty BrokerCRC Group, the leading wholesale specialty insurance distributor in North America, announced that the company has expanded its client-focused solutions through the creation of a new Life, Retirement, and Benefits Solutions Division which will include sister company, Crump Life Insurance Services.
July 06, 2021
CRC Group, a leading wholesale specialty insurance distributor in North America, announced that the company closed on the acquisition of Constellation Affiliated Partners. The addition of Constellation Affiliated Partners more than doubles the size of CRC Group’s Specialty Programs Division and creates one of the largest program managers in North America. CRC Group’s new Specialty Programs Division now places more than $2.4B in premium across more than ten industry and specialty segments.
May 24, 2021
CRC Group announced today that it has signed a definitive agreement with RedBird Capital Partners to acquire Constellation Affiliated Partners, an insurance distribution platform operating seven managing general agents (MGAs) and program managers. The transaction will create one of the largest program management operations in the country.
March 10, 2021
CRC Group, a nationwide wholesale distributor of specialty insurance products, announced a new partnership today between 5Star Specialty Programs (5Star), a CRC Group Company, and Pan-American Benefit Solutions (PABS), a division of Pan-American Life Insurance Group. This partnership will focus on offering Workers Compensation coverage for the trucking industry and is the product of a strategic initiative by PABS to expand its capacity to write Trucking Occupational Accident coverage.
March 02, 2021
(March 2, 2021) – CRC Group, a nationwide wholesale distributor of specialty insurance products, announced today that it has hired the team and purchased the renewal rights for the business of Griffin General Agency, Inc., a Houston, TX based MGA.
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