CRC Group swoops for surplus lines broker

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CRC Team strokes for excess lines broker

Specialized insurance coverage dealer CRC Team is proceeding its procurement touch, today introducing that it has actually finished the procurement of W. Brown & Associates Home & Casualty, an Irvine, CA-based excess lines broker as well as MGA. The information comes just a month after the firm disclosed that it was picking up Specialty Risk Associates, Inc.

W. Brown’s procedures consist of broker agent, P&C binding, as well as transport binding solutions. The gotten company will certainly combine with CRC Team’s industrial remedies department, as well as both companies will certainly interact to incorporate the brand name as well as its procedures over the coming months. The regards to the sale were not revealed, as well as W. Brown & Associates Aeronautics was not consisted of as component of this purchase.

According to a News release, this offer will certainly aid expand CRC’s binding franchise business as well as includes a physical workplace in The golden state for the very first time.

“W. Brown’s binding operations are a critical component for the future as we seek to build on the continued momentum of our binding expansion,” claimed West McAdams, head of state of CRC binding. “We truly are a ‘one-stop-shop’ for the wholesale needs of clients and this addition only serves to add more strength to that commitment.”

The relocation additionally improves the continuous development of CRC Binding adhering to the Specialized Danger Associates procurement, along with the enhancement of around 100 brand-new manufacturers as well as the opening of a handful of brand-new binding workplaces throughout the previous year.

“Together, CRC Group and W. Brown will offer more to our agency customers. Across brokerage and binding, the combination brings outstanding benefits to the retail agents both firms serve in California and beyond,” claimed Dave Obenauer, Chief Executive Officer of CRC Team, in a declaration. “We are excited to welcome the W. Brown team to the CRC Group family.”

At The Same Time, Brian English, head of state of W. Brown & Associates, commented: “We are looking forward to leveraging the new tools and resources that CRC Group allows us to bring to our clients. Joining CRC Group will strengthen our brokerage and binding operations by giving us access to additional markets, exclusive products, and the REDY data and analytics platform. Our shared values of putting clients first make CRC Group a great partner for W. Brown.”

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