CRC Group has acquired SLB Insurance Group, expanding its binding operations in the Southeast and enhancing its market capabilities.

Information on the Target

CRC Group, a prominent independent wholesale specialty insurance distributor in North America, has successfully acquired SLB Insurance Group. Established in 2000, SLB has emerged as a reputable binding authority operation with offices located in Florida and Louisiana. The company specializes in providing insurance solutions for small to midmarket property and casualty, trucking, and personal lines. Under the leadership of Darren Marsh, Trevor Keyes, and Keith Hinson, SLB has developed a strong reputation for delivering reliable production and fostering market relationships through its innovative use of technology.

Industry Overview in the Target’s Specific Country

The insurance industry in the United States remains one of the largest and most diversified globally, featuring a wide range of products and services tailored to various customer segments. The growth of the property and casualty insurance sector has been particularly significant, driven by factors such as increased consumer awareness, changing regulations, and a heightened focus on risk management. Additionally, the demand for specialized insurance solutions, particularly in sectors such as transportation and personal insurance, has opened new avenues for growth within the industry.

Within this context, the Southeast region of the United States, including Florida and Louisiana, has emerged as a key market for insurance distribution. With an increasing number of businesses and individuals seeking insurance coverage, there is a growing need for innovative insura