CRC Group, a wholesale specialty insurance distributor in North America, has announced that it has acquired SLB Insurance Group, a binding authority operation with offices located in Florida and Louisiana.
Established in 2000, SLB particularly specialises in small to midmarket property and casualty, trucking, and personal
lines insurance.
The company is led by Darren Marsh, Trevor Keyes, and Keith Hinson, all of whom will continue to lead SLB, reporting to Brennan Paris, President, CRC Binding.
Brennan Paris, President of CRC Binding, commented: “Adding SLB to CRC Binding is an exciting step forward. Their production expertise and experienced leadership team align well with our goals of providing exceptional service and market access for our clients.”
The SLB leadership team, in a joint statement, said: “We are thrilled to join the CRC Group family. The alignment of our cultures ensures a seamless transition, and we’re confident this partnership will drive continued success for our teams. Becoming part of a larger organization allows us to leverage CRC’s broad capabilities and technology platform, including robust tools, resources, and data-driven analytics.”
It’s worth highlighting that CRC Group’s acquisition of SLB expands the firm’s binding operations in the Southeast, nearly doubling its presence in South Florida and enhancing its capabilities in Louisiana.
On the other hand, this also marks CRC Group’s first acquisition since becoming an independent wholesaler earlier this year.
Neil Kessler, CEO of CRC Group’s Wholesale division, added: “The addition of SLB reflects our commitment to smart, purposeful growth and is just the start of what promises to be a dynamic year in 2025 – our first calendar year as an independent specialty broker. We have a strong lineup of acquisitions in the pipeline and are executing with urgency.”
