Sunstar Insurance Group Acquires Campbell & Company Insurance

Sunstar Insurance Group Acquires Simmons Bank P&C Insurance Business

September 5, 2017

Insurance

Simmons Bank has sold its property and casualty (P&C) insurance business to Sunstar Insurance Group LLC. The deal transfers Simmons' P&C accounts to Memphis-based Sunstar, expanding Sunstar's footprint in Arkansas and Tennessee while Simmons retains life, health and employee benefits services within its wealth management business.

Sunstar Insurance Group Acquires Renasant Insurance (now Sunstar Insurance Services)

July 1, 2024

Insurance

Sunstar Insurance Group, a regionally focused insurance broker based in Memphis, Tennessee, acquired the assets of Renasant Insurance, Inc. from Renasant Corporation effective July 1, 2024. Renasant Insurance will rebrand as Sunstar Insurance Services, with all leadership and employees joining Sunstar as the acquisition provides Sunstar its first agency presence in Mississippi and expands its products and services in the region.

Sunstar Insurance Group Recapitalized by BBH Capital Partners

June 30, 2020

Insurance

Sunstar Insurance Group completed a majority recapitalization with BBH Capital Partners, with Sunstar management and key employees remaining significant shareholders. The investment provides capital to accelerate Sunstar's organic growth and M&A strategy; LNC Partners will remain a lender and Piper Sandler served as Sunstar's exclusive financial advisor.

Reverence Capital Partners Acquires Majority Stake in Sunstar Insurance Group

July 1, 2024

Insurance

Reverence Capital Partners has agreed to acquire a majority stake in Sunstar Insurance Group, a Memphis-based independent retail insurance broker focused on Commercial P&C, Personal P&C and Employee Benefits. Sunstar’s management will remain in place and roll a material portion of proceeds, while Reverence will provide capital and support to accelerate Sunstar’s organic growth and tuck-in acquisitions across the Southeast and Midwest.

The Hilb Group Acquires Star Insurance Agency

March 1, 2021

Insurance

The Hilb Group, LLC (THG) announced the acquisition of Indiana-based Star Insurance Agency, effective March 1, 2021. The Star Insurance team, including Leslee Robinson and Billy Davenport, will join THG of Indiana as part of THG’s expansion of its personal, commercial P&C and employee benefits capabilities in the region.

Higginbotham Acquires TrustStar Insurance Services in Universal City, Texas

December 12, 2022

Insurance

Higginbotham has acquired TrustStar Insurance Services, an independent property/casualty agency based in Universal City, Texas, marking Higginbotham's entry into that market. The deal brings TrustStar's team and local client relationships into Higginbotham's platform and expands Higginbotham's ability to offer employee benefits and HR outsourcing services in Central Texas.