Regions Insurance is a leading insurance broker serving more than 60,000 clients across the Southeast, Texas and Indiana. It offers property and casualty and employee benefits products to businesses through a retail network of insurance professionals. This acquisition adds incremental balance to BB&T's insurance business between its wholesale and retail insurance channels.
Following this acquisition, BB&T Insurance's retail network will contribute almost half of its insurance brokerage revenue.BB&T Insurance Holdings to Acquire Regions Insurance Group
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