CRC Group is pleased to announce that it has completed the transaction that brings Argenia, LLC into their operations. Argenia, LLC is a Little Rock, AR based MGA and surplus lines broker founded in 1976.
The addition of Argenia significantly expands CRC Group’s capabilities in Arkansas and the surrounding region, further strengthening the previous acquisition made by CRC Group last year. In the short-term, Argenia will continue to operate under their current brand with the same brokers and underwriters, in the same location with the same phone numbers and email addresses. Over the coming months, CRC will work to fully integrate the operations.
“I am excited to bring Argenia into the CRC Group family and strengthen our operations in the Arkansas region. We will be very deliberate and collaborative as we work to integrate our operations and ensure there is no interruption in service for our clients and carriers,” said Dave Obenauer, CRC Group’s Chief Executive Officer.
Bob Alexander, Argenia’s President, said, “Joining the CRC Group family will allow us to expand our product offerings, provide additional tools and improved services to our clients. The Argenia team is looking forward to the expanded opportunities this transaction will bring.”