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Corporation
FINANCIAL | Insurance / Insurance Broker
regionsinsurance.com

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Founded Year

1971

Stage

Acquired | Acquired

About Regions Insurance Group

Regions Insurance, based in Memphis, Tennessee, is an insurance broker WITH clients in the Southeast, Texas and Indiana. The company provides property and casualty and employee benefits products to businesses through a retail network of insurance professionals.

Regions Insurance Group Headquarter Location

6000 Poplar Avenue Suite 300

Memphis, Tennessee, 38119,

United States

Latest Regions Insurance Group News

BB&T Corporation’s Acquisition of Regions Insurance Group

Apr 25, 2018

Willkie represented BB&T in the transaction BB&T Insurance Holdings, Inc. (has reached an agreement to acquire Regions Insurance Group from Regions Financial Corporation (NYSE: RF). Regions Insurance is a leading insurance broker serving more than 60,000 clients across the Southeast, Texas and Indiana. It offers property and casualty and employee benefits products to businesses through a retail network of insurance professionals. This acquisition adds incremental balance to BB&T’s insurance business between its wholesale and retail insurance channels. Following this acquisition, BB&T Insurance’s retail network will contribute almost half of its insurance brokerage revenue. This transaction is expected to close in the third quarter of 2018, subject to satisfaction of customary closing conditions. Terms were not disclosed. The capital used in this transaction will impact BB&T’s 2018 Comprehensive Capital Analysis and Review. The use of capital in this acquisition exceeds BB&T’s internal rate of return hurdles. RBC Capital Markets served as financial advisor and Willkie Farr & Gallagher LLP served as legal counsel to BB&T with a team including Gregory Astrachan (Picture) and Sean Ewen, and included associates Laura Acker and Annie Heiss.

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Expert Collections containing Regions Insurance Group

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Regions Insurance Group is included in 1 Expert Collection, including Fortune 500 Investor list.

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