Opinion: Truist Insurance – One foot in, one foot out
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Opinion: Truist Insurance – One foot in, one foot out

Adam McNestrie
February 17, 2023
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
truist stone point.jpg

Yesterday, Truist Financial Corporation sealed its deal to sell a 20% stake in its insurance broking and MGA business to Stone Point.

Inside P&C flagged that Stone Point was in talks in early January around a ~20% acquisition, and on February 1 broke the news that it was the sole sponsor left at the table.

So

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Request a free trial Already a subscriber? Log in now

Topics

Opinion M&A Private equity Truist
adam mcnestrie/adam mcnestrie ii us.png
Adam McNestrie
Editor-at-Large
Contact
Gift this article