Truist kicks off Q1 reporting with 4.7% organic growth
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Truist kicks off Q1 reporting with 4.7% organic growth

Aisling Finn
April 20, 2023
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Truist Insurance Holdings opened Q1 reporting with a dip in organic growth. The broker posted Q1 organic growth of 4.7%, falling from 5.6% in Q4 and the third consecutive quarter of organic growth slowdown.

Year on year, growth dropped by 2.5 percentage points.

The broker said the slowdown was due to carrier capacity constraints and slower growth in wholesale.

Truist

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