Truist Insurance and the McGriff ownership dilemma
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Truist Insurance and the McGriff ownership dilemma

Sources said Stone Point and CD&R will each have stakes of around 35%.

  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
Truist-Insurance-Holdings-CDR-SPC-v2.png

Earlier this week Truist Financial announced the sale of its remaining 80% stake in its insurance broking and MGA business to private equity firms Stone Point and CD&R, confirming this publication’s story from February 1.

The

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

Topics

Gift this article